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

After decades of stagnation in the U.S. refining sector, a significant shift may be underway. The newly announced oil refinery at the Port of Brownsville, Texas, could become one of the first major ...

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

Airline stocks have taken a beating since Iran war sent oil prices surging. A prolonged hike in fuel costs could hit travelers. Tickets on Atlanta-based Delta and other airlines could rise with a ...

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

A $300 billion oil refinery project with ties to the Trump administration is coming to deep South Texas - the first project of its kind in five decades - and it will be built in Brownsville, in the ...

A new oil refinery planned for South Texas could bring thousands of jobs and a major energy investment to the region — while also raising concerns about pollution, water use and coastal risks.

Gasoline prices in the United States have been rising again as tensions in the Middle East disrupt global oil supplies. According to data from AAA, the average price of gasoline in the US climbed to ...

Chika Mbonu says Dangote Refinery ends Africa’s fuel import dependence and strengthens regional energy independence.