China has emerged as the world’s largest oil stockpiler, with total oil inventories nearing 1.4 billion barrels as of
Commodity price rises helped net income more than triple from early last year. But CEO Dennis Degner said of
The contracts secure use of the West Neptune and West Vela drillships.
Weekly data from the EIA shows a rise in crude inventories and imports, with refinery operations at 89.1% capacity,
Viva Energy Group Ltd.’s 120,000-b/d Geelong refinery in Victoria, Australia, is running at reduced production rates following a fire
Naphtha, LPG, and ethane have suffered the clearest demand destruction of any petroleum products as a result of the


