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Analysis-Global gasoline refining margins slump on slow summer driving season
Reuters via Yahoo Finance· 3 days agoOil refiners are making less money selling their gasoline as demand during the peak summer driving...
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...
China’s Oil Refiners Are Slowing Down After Decades of Growth
Bloomberg· 7 days agoChina’s decades-long boom in oil processing could falter this year in a blow to global demand and...
Exclusive: Singapore offers carbon tax rebates for refiners near term, sources say
Reuters· 7 days agoSingapore is offering refiners and petrochemical companies rebates of up to 76% for its planned...
Vitol Is Said Among Bidders for Venezuela-Owned Citgo’s Parent
Bloomberg via Yahoo News· 2 days ago(Bloomberg) -- Vitol Group, the world’s biggest independent oil trader, is among suitors that...
Oil Edges Lower as US Stockpile Build Tempers Investor Optimism
Bloomberg via Yahoo Finance· 23 hours ago(Bloomberg) -- Oil edged lower, after earlier touching a seven-week high, as signs of further growth...
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...
Sunoco LP (NYSE:SUN) Stock Position Boosted by EP Wealth Advisors LLC
ETF DAILY NEWS· 2 days agoEP Wealth Advisors LLC boosted its stake in Sunoco LP (NYSE:SUN – Free Report) by 44.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.
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 ...
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...