Heavy Canadian Cold Lake is trading at US$4.20 a barrel less than light, sweet ... in the oil market, with an oversupply of light oils and a supply crunch in heavies. Refineries on the Gulf Coast, ...

US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the sludgy oil and raising costs for the largest American refining center.

US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the sludgy oil and raising ... less than light, sweet West Texas Intermediate ...

Despite all the buzz around renewables, global oil demand remains robust, particularly in transport, heavy industry ... to extract more value from its crude rather than merely shipping it off ...

The top line shows oil production from the 2024 Statistical Review of World Energy, published by the Energy Institute. The second line shows international crude oil production, as reported by the ...

Based on our capital allocation framework, which evaluates the soundness of the balance sheet, investment strategy, and appropriateness of shareholder distributions, Marathon Petroleum earns a ...

It can then sell that crude via its commercial oil and gas agency, the Alberta Petroleum Marketing Commission. The Alberta government has announced royalties from bitumen, the thick, heavy oil ...

Ah spring, when a (not so) young man's thoughts turn to vinyl and the upcoming Record Store Day celebrations, which this year ...

for example, was built in the late ... Many refineries need a heavier grade of crude oil — one that is more viscous than the light sweet crudes produced from U.S. shale — to “maximize ...

Asian equities tracked the biggest losses on Wall Street this year from overnight, with the S&P 500 sliding 1.8 per cent and the tech-heavy Nasdaq dropping 2.6 per cent. Crude oil wallowed near 12 ...

Eneos is also expected to relinquish JX Nippon Exploration and Production (U.K.) Ltd., a London-based affiliated company involved in crude oil production ... Japan’s heavy and chemical industry ...