News
American refineries reach record capacity rates
More American crude is pumping through U.S. refineries, helping to boost crude oil distillation capacity rates to a nearly 40-year high earlier this year, according to the Energy Department.Crude oil distillation capacity rates are based...
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Exxon Mobil invests in Global Thermostat carbon capture technology
Exxon Mobil said Thursday it’s investing in a new carbon-capture technology firm that aims to economically suck emissions out of the sky near power plants and other large industrial sources. Source: FuelFix
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Which oil buyers have most at stake as Mideast tensions rise?
Tensions in the Middle East are rising to the point where U.S. President Donald Trump has even started talking about who pays for the protection of the Strait of Hormuz, a shipping corridor through which...
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Philadelphia's lost gasoline supply covered by Europe, U.S. Gulf
U.S. East Coast ports can expect more cargoes like the one aboard the Maersk Cancun once Philadelphia Energy Solutions refinery shuts. Source: FuelFix
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Oil retreats from five-week high as Trump damps trade optimism
Oil retreated from a five-week high in New York after U.S. President Donald Trump warned he might impose substantial additional tariffs on Chinese imports. Source: FuelFix
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