California's high gasoline prices are primarily driven by state taxes and fees, not excessive profits by oil refiners. Data from the California Energy Commission reveals that oil refiners often ...

Refiners are extremely exposed to the potential of 25% tariffs on Canadian oil imports, while weak crack spreads are already negatively affecting the sector. PSX's strategic shift to diversify away ...

President Donald Trump’s administration is expected to rule on a growing backlog of requests from small oil refiners seeking relief from U.S. biofuel laws as early as Friday, but will delay a decision ...

Refiners make money on the difference between the price of their products and their cost of crude, less their operating expenses. A key focus in the energy sector lately has been the long-term ...

WASHINGTON (Reuters) -The U.S. Environmental Protection Agency on Friday approved most of its backlog of requests by small oil refineries for biofuel law exemptions, raising concerns among biofuels ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Los Angeles, - September 25: Governor Gavin Newsom speaks at a ...

NEW YORK, Feb 20 (Reuters) - Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as they await clarity around U.S. President Donald ...

NEW DELHI (Reuters) -Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned countries not to purchase oil from ...

Whether they drill, mine, or manufacture, energy companies have had a rocky first quarter. Refiners are the rare exception. Refiners, which convert crude into gasoline and other products, are impacted ...

EPA expected to rule soon on a number of the 190 pending refiner exemption requests. EPA expected to delay decision on whether larger refiners should make up for exempted gallons. The decisions will ...