The recovery in the refining sector is under way after the first closure of 2025 and unexpected downtime at competitor PBF's Martinez refinery. Closure announcements in the European petrochemical ...
In the energy sector, a crack spread is the terminology that describes the differential between the price of crude oil and petroleum products. Gasoline is the most ubiquitous oil product. Gasoline ...
Shares in refining, logistics, and biofuels company Delek US (NYSE: DK) rose by 8.6% today, buoyed by a combination of a rise ...
Oil futures posted solid weekly gains that have more than recouped the big drop that followed OPEC's June 2 announcement of its plan to begin phasing in the return of ~2.2M bbl/day of crude later this ...
By Rajesh Kumar Singh CHICAGO, March 25 (Reuters) - When Delta Air Lines bought an aging refinery outside Philadelphia in ...
A drone strike hit oil infrastructure in Bahrain’s Ma’ameer industrial area, according to multiple early reports Thursday morning, raising concerns about the vulnerability of Gulf refining assets as ...
The Iran war is likely to reshuffle the earnings landscape for Corporate America in 2026. While Nvidia dominated 2024 and Micron Technology was among the leading performers of 2025, a sustained ...
Vertex Energy Inc., a specialty refiner and marketer of refined products, decreased its throughput rates in fourth-quarter 2023, citing deteriorating crack spreads. Conventional throughput volumes at ...