The Iran-U.S. war has likely triggered the conditions for a full refiner earnings supercycle. After Wednesday’s International ...
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A more upbeat outlook for the oil market could lead to upside for Valero Energy shares, according to Goldman Sachs. The firm upgraded the refiner to buy from neutral and hiked its price target to $154 ...
(Reuters) -Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid heavy turnaround activities across the U.S. refining sector. U.S.
Japanese oil refiner Eneos Holdings Inc. is considering the spinoff of its metals unit, JX Nippon Mining & Metals Corp., as the company increases its focus on renewable energy, according to a Nikkei ...
An oil refiner in Germany said it’s witnessing a “run” on supplies of heating oil and diesel, the latest sign of the stress that the country’s fuel market is under. OMV Germany, which has a small ...