U.S. refineries can process shale oil, but economics—not capability—drive imports and exports. Here’s why the system works ...
WTI, Brent and Dubai oil are the three major oil benchmarks that serve as reference prices for traders. Meanwhile, the ...
Chevron is now importing 250,000 barrels of crude per day from Venezuela.
Crude oil from Venezuela, where the largest oil reserves are found, is currently being processed in Mississippi after Chevron ...
The Nigerian National Petroleum Company Limited (NNPCL) has concluded plans to increase crude oil allocation to the Dangote ...
Trump announced a Texas refinery with investment from Reliance, the first such US project in 50 years. Jamnagar's world-leading Nelson Complexity Index may explain why RIL was chosen ...
Bangladesh is pursuing an agreement with India to process Russian crude oil at Indian refineries and import the refined fuel ...
Any prolonged disruption to flows through the Strait of Hormuz could tighten crude oil supply to domestic refineries, potentially forcing operators to adjust processing rates over time.
Business Insider Africa on MSN
Zambia to rely on road and rail transport for crude as $1.1 billion oil refinery takes shape
Zambia plans to supply crude oil to a refinery it aims to complete by 2028, initially transporting shipments by road, ...
European oil refining margins have turned negative, lagging stronger margins in Asia and the U.S., as competition for crude ...
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