Refinery

WTI crude oil futures saw a notable increase as market dynamics were influenced by a combination of stronger-than-expected U.S. inventory data and ongoing geopolitical tensions. On May 20, 2026, July…

The U.S. Energy Information Administration (EIA) has released its latest Short-Term Energy Outlook, forecasting a moderate decrease in on-highway diesel fuel prices for the year 2026. The report, published on…

The United States has experienced a sharp decline in crude oil inventories, with the latest Energy Information Administration (EIA) data revealing a drawdown of 7.863 million barrels. This substantial decrease…

Gasoline is one of the most widely consumed petroleum products in the world. It fuels cars, motorcycles, small engines, and parts of the aviation and marine sectors. Despite its everyday…

Crude oil is a naturally occurring liquid hydrocarbon mixture formed over millions of years from organic matter. It is not a single substance but a complex blend of thousands of…

Refining crude oil into gasoline is central to the global energy supply chain. While many consumers focus on retail prices at the pump, a critical but often overlooked component of…

This article provides a comprehensive, expert-level explanation of what the average price of gasoline in the United States means, how it is calculated, what factors influence it, and why it…

Serbia’s primary oil company, NIS (Serbian Oil Industry), which is mainly owned by Russian interests, announced on Tuesday that its Pancevo refinery is suspending production. The decision comes as a…

In a significant escalation of its campaign against Russian energy assets, Ukraine launched a series of drone attacks overnight on September 5, striking multiple oil facilities deep within Russian territory.…

Angolan President João Lourenço called on the nation to capitalize on its extensive oil and gas resources to drive sustainable economic transformation during the opening of the 2025 Angola Oil…