The Treasury Department sanctioned a Chinese oil refinery for purchasing $1 billion in Iranian crude oil as part of
The global oil market is feeling the impact of intensifying trade tensions and a softening economic outlook, prompting a
US Energy Development Corp. has acquired about 20,000 net acres in the Permian basin in Texas.
US crude oil inventories for the week increased by 500,000 bbl from the previous week, according to US EIA
The Yanbu refinery expansion project aims to enhance integrated refining and petrochemical synergies at the site to help competitively

