Chevron profit disappoints as refining posts first loss in four years
Chevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins dragged its refining business ...
Mind the gap: Why Trump's tariffs could blow out the WCS and WTI differential
While the price gap between a barrel of North American benchmark oil and a barrel of Canadian oilsands crude has long existed ...
Trump's potential tariffs on Canada and Mexico are a wildcard for prices and the US economy
The 25% tax that President Donald Trump plans to slap as soon as Saturday on imports from Canada and Mexico could drive up ...
Exxon posts mixed Q4 results with higher oil production, weak refining profit
Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though it beat Wall Street's profit estimate with higher oil and gas production.
LyondellBasell Poised for Profit Recovery Over Long Run Following Global Slowdown
LyondellBasell is in solid financial health. Management reported a net debt/adjusted EBITDA ratio of 1.8 times as of Dec. 31, 2024. We expect the leverage ratio will remain healthy over time as the ...
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Illinois District Court Dismisses Antitrust Case Alleging Monopolization Of Transportation Services For Canadian Crude Oil In Chicago
On January 13, 2025, the United States District Court for the Northern District of Illinois granted defendant’s motion to dismiss plaintiff’s ...