Penrite Oil, an iconic Australian family-owned business, is proud to announce a revamp of its product labels to celebrate a ...

A new approach could fractionate crude oil using much less energy Date: May 22, 2025 Source: Massachusetts Institute of Technology Summary: Engineers developed a membrane that filters the ...

U.S. crude oil inventories rose for a second consecutive week, while stocks of gasoline and diesel increased amid higher refinery capacity use, according to data released Wednesday by the U.S ...

June WTI crude oil (CLM25) today is up +0.19 (+0.30%) and June RBOB gasoline (RBM25) is down -0.00082 (-0.38%). Crude oil prices today recovered from early losses and are moving higher on the ...

Crude oil inventories in the United States saw an increase of 1.3 million barrels during the week ending May 16, according to new data from the U.S. Energy Information Administration released on ...

WTI crude oil remains uncertain below the $66 level, while natural gas prices remain bullish and continue to look for further upside. WTI crude oil (CL) prices rebounded sharply to $63 on Monday ...

Saudi Arabia’s direct crude burn for power generation is likely to rise this summer compared to last year, potentially easing part of the concerns about a global oil glut as the OPEC+ group ...

July WTI crude oil (CLN25) Wednesday closed up +0.95 (+1.56%), and July RBOB gasoline (RBN25) closed up +0.0152 (+0.74%). Crude oil and gasoline prices rallied Wednesday on concern the US might ...

Despite this, the bank kept its oil price predictions unchanged at $60 per barrel for Brent crude and $56 per barrel for West Texas Intermediate (WTI) for 2025. Currently, Brent crude is trading ...

SINGAPORE, May 20 (Reuters) - Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ eases supply controls and as fuel oil has ...

Market focus turned to fundamentals as the EIA reported a second straight weekly build in U.S. crude oil inventories and increases in gasoline and diesel stocks. Gasoline demand fell from the ...

May 20 (Reuters) - China's imports of crude oil from Russia fell 12.9% in April from a year earlier, coming in at 8.07 million metric tons or 1.96 million barrels per day, Chinese customs data ...