The United States is one of the world’s largest oil producers, producing enough crude oil for domestic consumption and exporting millions of barrels daily. Yet it also imports roughly 8 million ...

By Charles Ellinas The US Energy Information Administration has just published new forecasts for oil production, consumption and prices to the end of 2026 as shown in Figures 1 and 2 below. Clearly, ...

The first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is ...

Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that President-elect Donald Trump may slap tariffs on imports of crude.

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

Crude oil edged lower Wednesday after President Trump expanded his tariff threats to include a 10% levy on China and the ...

As Justin Trudeau warns Canadians they could face "difficult days" ahead, here are four options for retaliation.

Americans are consuming more olive oil than ever, according to a report released last month. The uptick coincides with research indicating that extra virgin olive oils made from freshly harvested ...