Canada and Mexico are the top sources of U.S. crude imports, together accounting for around one-quarter of the oil U.S.

At that time, the price of crude oil fell by more than half in under a year, reaching lows that had not been seen since the last global recession. At the time, many oil executives believed it ...

U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...

U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

LAUNCESTON, Australia, Jan 20 (Reuters) - China's surplus crude oil eased slightly in December, but the excess surged in 2024 to more than 1 million barrels per day (bpd) as refiners gobbled up ...

Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...

The research note showed that J.P. Morgan expects the Brent crude oil price to average $74 per barrel in the first quarter of 2025 and $73 per barrel overall this year. J.P. Morgan sees the WTI ...

Crude oil futures fell as traders worried that large increases in U.S. crude and gasoline stockpiles and a potential ...