An outage at the largest inland U.S. refinery has raised gasoline prices in the Midwest ahead of the Labor Day holiday, the final major travel weekend of the country’s peak driving season.
August 25, 2025BusinessFuel
US Refiners to Profit as Heavy Oil Output Rebounds
The ability to buy heavy crude at cheap prices is set to improve in the second half of the year as Canadian and Middle Eastern production rebounds.
August 8, 2025GovernmentBusinessFuel
Exxon, Trafigura Protest Colonial Pipeline Changes
Commodities trading giant Trafigura joined oil majors Exxon Mobil and Chevron in protesting operational changes to Colonial Pipeline’s 5,500-mile fuel network.
March 21, 2025BusinessFuel
Elliott Seeks Phillips 66 Board Seats as It Urges Asset Sale
Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a campaign pushing the company to sell assets and improve performance.
February 19, 2025