Oil Refining Could Become Much Less LucrativeOilPrice.comPolicies to cap emissions would weaken oil demand, which tends to depress refining margins. CTI estimated in its report that refining margins would shrink by $3.50 per barrel by 2035, forcing refiner …

Center for Biological Diversity (press release)New Report: California Oil Among World's DirtiestCenter for Biological Diversity (press release)BONN, Germany— Three-quarters of California's oil is as climate-damaging as Canadian tar sands crude, acc …

BNNOil rises on supply cuts, political tensions in Saudi ArabiaBNNNEW YORK — Oil prices rose nearly one per cent on Thursday, supported by supply cuts by major exporters as well as continuing concern about political developments in Saudi Arabia. Brent crud …

CNBCIs Saudi Arabia Lying about Its Oil Inventories?OilPrice.comSaudi Arabia's reports about declining crude oil inventories were instrumental in the buildup of trust on the market that OPEC's—and the Kingdom's specifically—efforts to rebalance …

Channel NewsAsiaTraffic Police officer skids over oil spill, crashes motorcycleChannel NewsAsiaSINGAPORE: A Traffic Police officer suffered minor injuries after skidding over an oil spill and crashing his motorcycle on Wednesday (Nov 8). The police said th …

Seeking AlphaOil Futures Spiking Higher: Real Trend Or Another False Rally?Seeking AlphaThe December CME futures contract for WTI crude oil has rallied 11.7% from October 11, 2017 through November 6, 2017, and 25.3% since June 2017. The futures curve curre …

BloombergDiesel Becomes a Dirty Word for Oil TradersBloomberg“This will counter the recent support to crude,” Alan Gelder, vice-president of refining, chemicals and oil markets at Wood Mackenzie, said of signs the diesel market is weaker than expected. “Pa …

Financial PostCan We Expect An Oil Price Correction Soon?OilPrice.comOil prices touched a more than two-and-a-half-year high this week, but have faltered mid-week. Market sentiment is more bullish than it has been in a long time, but the risk of falling ba …

Seeking AlphaWeekly Oil Storage Report - Something Is Clearly, Obviously MissingSeeking AlphaEIA reported US weekly oil production hit 9.62 million b/d, but we explain below why that is likely overstating the actual production. We expect US crude storage t …

BloombergAs Oil Booms, Biggest Importer Signals Demand Will Boom TooBloombergThe Asian nation raised the quota for use of overseas oil by non-state companies in 2018 by 63 percent versus the prior year, according to a statement from the Ministry of Commerc …