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The Petrodollar Is Dead and That's a Big Deal
The Forex Market· 2 days agoThe petrodollar quietly died this week. While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S. government...
Crude quality issues on TMX pipe may hamper flows from Canada to US West Coast refiners
Reuters· 4 days agoU.S. oil refiners and West Coast traders are flagging concerns about the quality of crude shipped on...
Exclusive: Singapore offers carbon tax rebates for refiners near term, sources say
Reuters· 3 days agoSingapore is offering refiners and petrochemical companies rebates of up to 76% for its planned...
China’s Oil Refiners Are Slowing Down After Decades of Growth
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- China’s decades-long boom in oil processing could falter this year in a blow to...
Citgo parent's share auction should be halted, Venezuelan minister says
Reuters· 2 days agoVenezuela's oil minister, Pedro Tellechea, said on Friday a U.S. federal court auctioning shares of...
Why Should Investors Approach Marathon (MPC) With Caution?
Zacks via Yahoo Finance· 6 days agoMarathon Petroleum MPC stock has been in breakneck mode over the past 12 months, notching up a...
Nevada’s gas prices could soon skyrocket. Blame it on a new California law
Las Vegas Review-Journal· 2 days agoThe law also paved the way for the California Energy Commission to set a maximum margin for...
Jet Fuel Crunch Sees Airlines Servicing Japan Demand More Supply
Bloomberg· 5 days agoA jet fuel shortage has led airlines flying in and out of Japan to demand an increase in supply from...
Saudi crude oil exports to China to fall for 3rd straight month in July, sources say
Reuters· 5 days agoSaudi crude oil exports to China will fall in July for a third straight month to about 36 million barrels amid plant maintenance and as some refiners opted for other sources ...
US court receives offers for Citgo's parent, credit bid submitted
Reuters· 5 days agoA U.S. federal court accepted binding offers through Tuesday for shares in the parent of...