oil refiners

oil refiners Articles

ThinkstockThe average price for a gallon of regular gas in the United States is $2.30, according to GasBuddy. However in five states, the number has dropped under $2. Several states gas prices should...
ThinkstockThe national average price for a gallon of regular gasoline in the United States Thursday morning was $2.302, nearly $1.07 a gallon below the price on the same day a year ago. In three...
The U.S. Energy Information Administration report on the impact of lifting the current ban on exporting U.S. crude has a little something for both sides of the argument.
Buffett and his managers have decided to take on a very large stake in shares of Phillips 66, worth roughly $4.5 billion.
Despite the big runs ups in refining stocks, the analysts at Deutsche Bank think that the third quarter's earnings results will continue to be outstanding.
ThinkstockJust after markets opened on Wednesday morning, Van Eck Global launched the Market Vectors Oil Refiners ETF (NYSEMKT: CRAK), which is the first U.S.-listed exchange traded fund to offer...
What stood out the most about the second quarter of 2015 was that Buffett and his portfolio managers have taken even more steps than in prior quarters to run for the hills in their oil and gas stocks.
ThinkstockWest Texas Intermediate (WTI) crude oil bounced off a three-year low of $42.16 a barrel early Friday morning to rise to around $43.00, after closing at $42.98 on Thursday. The national...
The commercial crude inventory remains near levels not seen at this time of year in at least the past 80 years, according to the EIA.
Don't expect oil prices to rise next year. As a matter of fact, they may fall, according to the IEA.
In Wednesday's report on the nation’s petroleum inventories, the U.S. Energy Information Administration (EIA) said that U.S. refineries were running at 96.1% of capacity in the week ended July 31.
Exxon Mobil announced Tuesday morning that it will increase the capacity of its Beaumont, Texas, refinery.
ThinkstockIn the week ended July 31st, the number of rigs drilling for oil in the U.S. totaled 664 compared with 659 in the prior week and 1,573 a year ago. Including 210 other rigs mostly drilling...
ThinkstockOil refiner Valero Energy Corp. (NYSE: VLO) reported second quarter 2015 earnings before markets opened Thursday morning. Diluted earnings per share (EPS) totaled $2.66 compared with EPS a...
ThinkstockOil refiner Marathon Petroleum Corp. (NYSE: MPC) announced at noon on Wednesday that its board has authorized a dividend increase from a current level of $0.25 per share to $0.32 per share...