US refiners in the Midwest are unlikely to reduce imports from Canada as the limited substitutability of Canadian crude with ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese tariff and tax policies plunge them deeper into losses, ...

Oil, whose main shareholder is Saudi Aramco, on Friday said it expects steady first-quarter refining margin due to reduced exports from China and increased seasonal demand. Over the October-December ...

“Heavy oil cannot easily be substituted with the light oil that makes up most of U.S. shale oil production; such a switch ...