The vast oil refinery in Benicia faces an uncertain future after its owner warned of the plant’s possible closure.

Refinery capacity use is seen rising by 0.6 of a percentage point to 89.6% in a fourth weekly increase, according to the survey. Forecasts range from a 1 percentage point rise to a decline of 0.8 of a ...

“The city will work with Valero to see clarity around the timeline and scope of ... crude oil to make ethanol-blended gasoline, diesel oil, jet fuel and asphalt. The refinery was originally ...

Oil prices have risen this week as markets anticipate potential progress in upcoming US-China trade talks aimed at easing ...