The US produces mainly light shale crude, which requires different refinery configurations than heavier crude from Canada and ...

Taiwan's Formosa Petrochemical Corp is operating its refinery at 68% capacity this month, or about 370,000 barrels per day, down from 70% in March due to planned maintenance on one of its refining ...

Marathon Petroleum Corp. closed 38.94% short of its 52-week high of $215.24, which the company achieved on April 10th.

U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers ...

Reuters reports that U.S. refiners will refrain from making any substantial investments in expanding domestic crude ...

Oil prices rose to a gain after sinking to a four-year low Wednesday morning in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war ...

It can be expensive and time-consuming to change refinery configuration. The margins and yields of refineries can be affected by using different types of crude.

U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada and Mexico, industry sources and analysts said, an obstacle to ...

Shares of Marathon Petroleum Corp. MPC slipped 2.56% to $118.55 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 1.57% to ...

Shares of U.S. refiners fell to near 2-yr lows on Friday in the wake of U.S. President Trump's announcement of new tariffs, as fears of slower fuel demand and weakening refining margins rattled ...

Shares of top U.S. refiners tumbled to near two-year lows Friday following President Trumps announcement of sweeping new tariffs, sparking fears of weaker global fuel demand and declining refining ...