SHIJIAZHUANG, HEBEI, CHINA, January 21, 2026 /EINPresswire.com/ -- Dalian, China — In a period marked by evolving ...

Empire Petroleum's strong past returns mask its extreme reliance on oil prices, with 2022 as the only profitable year in recent history. The company lacks diversification and has consistently posted ...

The upcoming report from Marathon Petroleum (MPC) is expected to reveal quarterly earnings of $2.73 per share, indicating an increase of 254.6% compared to the year-ago period. Analysts forecast ...

Under this deal, Trafigura will supply Iraqi Basrah and Oman crude oil to BPCL starting April 2026. This marks BPCL's first ...

Empire Petroleum remains unattractive due to persistently high operating costs and a long history of unprofitability, even when oil prices were favorable. Recent earnings showed continued losses, with ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States decreased by 247,000 barrels ...

WASHINGTON >> The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks to take advantage of ...

Occidental Petroleum Corp (NYSE:OXY) shares are trading lower as oil prices fall Tuesday amid Iran-Israel ceasefire efforts. The Details: According to Axios, Iran and Israel have agreed to a ceasefire ...

Occidental Petroleum Corp (NYSE:OXY), Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) climbed 1.95%, 1.53% and 1.31% during Monday pre-market trading session after oil prices have skyrocketed ...

BPCL plans a $780 million Brazilian oil purchase in FY27 as Indian refiners diversify crude imports and gradually reduce reliance on Russian supplies.

Nigeria’s Dangote Petroleum Refinery has suspended sales of petroleum in the country after it stopped receiving naira-denominated crude cargoes from the state-owned Nigerian National Petroleum Company ...

The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy and Conservation Act, signed into law by President Gerald Ford. It was established in response to the 1973-1974 oil ...