President Donald Trump called the refinery planned for Texas a historic $300 billion deal and thanked partners in India, ...

Here's what experts have to say about why oil futures prices have such an immediate effect on retail gasoline prices in Florida and other states.

The U.S. is a net exporter of "crude oil and petroleum products," but in the narrower measure of crude oil by itself — which is the most important factor in determining gasoline prices — the U.S. is a ...

ADNOC has started trading Dubai crude oil through the S&P Global Platts pricing process, a rare action for a Middle Eastern national oil company. These trades impact the Dubai/Oman average, a key ...

FPSO crude separation is a staged, three-phase process that uses pressure letdown, heating, and electrostatic coalescence to split well fluids into stabilized crude, export gas, and treated produced ...

While fuel is a well-known product, fuels actually represents only a portion of what is produced from crude oil. The refining process generates a wide range of petroleum-based materials used to ...

As the US–Israel war on Iran escalates, so too does the global oil crisis. The effective closure of the Strait of Hormuz, through which roughly 20% of the world’s oil and natural gas flows, and the ...

LITRO aims to modernize the $6 trillion oil market by replacing slow, paper-based settlement with 24/7, on-chain trading and ...

India’s Russian oil imports have jumped to 1.5 million bpd in the first 11 days of the month, as per ship tracking data from commodity market analytics firm Kpler ...

Crude oil transport from FPSOs moves stabilized crude from offshore storage to market via shuttle tankers or pipelines, linking offshore production to midstream logistics and refining. II.2.1 ...

Light US crude requires a different configuration at refineries Changing refinery setup can be a lengthy and expensive process Running different crude types impacts refinery yields, margin April 9 - U ...

US President Donald Trump has announced that a new oil refinery will be opening in Texas’s Brownsville, the first such facility to be built in five decades. We explain the importance of this facility, ...