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Analysis-Global gasoline refining margins slump on slow summer driving season
Investing.com· 4 days agoOil refiners are making less money selling their gasoline as demand during the peak summer driving...
Marathon Petroleum (MPC) Advances While Market Declines: Some Information for Investors
Zacks via Yahoo Finance· 7 hours agoThis move outpaced the S&P 500's daily loss of 0.25%. Elsewhere, the Dow gained 0.77%, while the...
Citgo parent's share auction should be halted, Venezuelan minister says
Reuters· 6 days agoVenezuela's oil minister, Pedro Tellechea, said on Friday a U.S. federal court auctioning shares of...
The Petrodollar Is Dead and That's a Big Deal
The Forex Market· 6 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...
Financial alliances build as Citgo share auction enters last mile
Reuters via Yahoo Finance· 3 days agoAt least five groups of investors submitted binding bids this month in a U.S. court-ordered auction...
Vitol Is Said Among Bidders for Venezuela-Owned Citgo’s Parent
Bloomberg via Yahoo News· 3 days ago(Bloomberg) -- Vitol Group, the world’s biggest independent oil trader, is among suitors that...
P66 CEO Sees No Cut in U.S. Refining Runs, Despite Tepid Gasoline Demand
Market Watch· 2 days agoPublished: June 18, 2024 at 3:21 p.m. ETShareResizePhillips 66 CEO Mark Lashier told a JP Morgan conference on Tuesday that U.S. gasoline demand has not "hit its normal driving season stride ...
London gold body drops jurisdictional challenge in Tanzania labelling case
PA Media: Money via Yahoo Finance· 3 days agoAn LBMA spokesperson said: “The LBMA is a not-for-profit member-based association which provides...
Oil Edges Lower as US Stockpile Build Tempers Investor Optimism
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Oil edged lower, after earlier touching a seven-week high, as signs of further growth...
Refining Margins Squeezed as Tepid Demand Casts Shadow Over U.S. Gasoline Market
Oilprice.com via Yahoo Finance· 3 days agoU.S. gasoline demand falls short of expectations, leading to rising stocks and depressed refining margins, while the potential for a busy hurricane season could further disrupt production.