Summary and Key Points: It sounds impossible: the U.S. pumps more oil than any country ever has, and is a net exporter — yet it still imports millions of barrels of foreign crude every day, and record ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. The Iran War was an incidental trigger, but not the root cause of high gasoline prices in ...
NEW YORK, April 28 (Reuters) - The average U.S. gasoline price ⁠rose ⁠to its highest level in nearly four ⁠years after the U.S. and Israel attacked Iran at the end of February, according to data from ...
LONDON, May 14 (Reuters) - Refinery attacks tied to the wars in Iran ⁠and ⁠Ukraine have knocked out nearly 9% of global oil ⁠refining capacity in recent months, deepening a fuel supply crunch and ...
LONDON, Aug 3 (Reuters) - Bumper oil refining profits triggered by the Iran war are turbocharging Big Oil's earnings, breathing new life into a business many investors had largely written off. The ...
Following its proposed spinoff, HF Sinclair's independent, separated lubricants-specialty business will maintain access to Group I base oils and specialty products from HF Sinclair’s 125,000-b/d ...
Forbes contributors publish independent expert analyses and insights. Specialist in global markets, economics and alternative investments. This voice experience is generated by AI. Learn more. This ...
Diesel has reached record U.S. prices even though crude oil remains below previous inflation-adjusted highs because diesel supply is unusually tight. Russian refinery disruptions, Middle Eastern ...