Crude oil cannot be used directly and must go through refining. At refineries, it is separated into petrol, diesel, kerosene ...

U.S. refineries can process shale oil, but economics—not capability—drive imports and exports. Here’s why the system works ...

WTI, Brent and Dubai oil are the three major oil benchmarks that serve as reference prices for traders. Meanwhile, the ...

As war disrupts global energy markets, Beijing's network of small, scrappy oil refineries is quietly keeping the lights on, ...

Texas Tech professors explain why gas prices are so high despite Texas being a major producer, fracking and oil economics.

U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at ...

Energy expert Eche Idoko, has explained that the reliance of local refineries on foreign crude supplies is responsible for ...

Coronation Research analyst says domestic refining is reducing fuel shortages and easing Nigeria’s dependence on global supply disruptions.