GlobalData recently projected that Venezuela's crude oil production would drop to one million barrels per day by the end of the year. At this rate of decline, the country may have no more oil for [...]
CVR, HollyFrontier and Delek are all smaller refiners that could help the big industry players expand their geographic reach.
Paul Foster, who got his start in the oil fields as a teenager welding pipes, digging ditches and cleaning tanks, stands to make almost $1 billion from a megadeal that will create a refiner able [...]
The Trump administration has backed off a plan to reduce ethanol requirements, drawing praise from the biofuels sector and concerns from oil refiners that feel the current mandates are too expensive.
I see more value in the E&P stocks--which are being sold off in the wake of Harvey--than in stocks of the refiners, which have performed relatively well.
Tropical Storm Harvey, once a category four hurricane before hitting landfall late Friday night, has forced many oil producers to close down. Here's how many barrels per day have been lost.