US oil refiners could be the big winners in Venezuela
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Trump Has a China Problem in Venezuela
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As Washington sharpens its sanctions language on Russian oil, analysts caution that structural oversupply, rising global inventories and pragmatic enforcement limits are likely to keep crude prices under pressure.
Data from the Energy Information Administration released Wednesday morning show that refiners continue to pump out products as gross runs of crude oil and other feedstocks once again topped 17 million b/d.
A spending deal would press the agency to make the renewable fuel standard more responsive to small refiners' production costs.
India’s state-owned refiners continue buying Russian oil despite US tariffs, as imports dip overall and pressure mounts from Washington.
Michael Burry says US efforts to revive Venezuela’s oil industry could boost refiners like Valero and service firms like Halliburton. Here’s why.
India is asking refiners for weekly disclosures of Russian and U.S. oil purchases, people familiar with the matter told Reuters, adding that they expect Russian crude imports to dip below 1 million barrels per day as New Delhi seeks to clinch a trade deal with Washington.
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