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 ...
NEW YORK (Reuters) -Investors are expecting top U.S. refiners to report higher second-quarter profits, bouncing back from losses during the first three months of the year as unseasonably strong diesel ...
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These 3 Oil Refiners Can Buck the Energy Downturn
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 ...
Valero Energy (NYSE:VLO) is downgraded to Equal Weight from Overweight and PBF Energy (NYSE:PBF) is cut to Underweight from Equal Weight with respective $175 and $27 price targets at Morgan Stanley, ...
Rosneft, the Russian state oil company, has entered into an agreement with Reliance, an Indian private refiner, to supply close to 500,000 barrels per day (bpd) of crude oil, reported Reuters. This ...
Indian refiner Nayara Energy is set to receive the lowest-ever amount of crude this month, as oil imports and product exports buckle under the weight of EU sanctions. Nayara — part-owned by Russian ...
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