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Croatia says it can meet oil demand for both Slovakia and Hungary, Ukraine reportedly will reopen Druzhba pipeline today
26 Feb 2026 12:22 GMT
The crude oil shipment destined for MOL Group … ’s Omišalj terminal, the Croatian oil company announced on Wednesday, per … that it is not Russian crude oil that is being supplied to … to meet the entire annual demand of refineries in both Slovakia and …
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Oil down as U.S. crude stocks jump
26 Feb 2026 16:20 GMT
… to $64.63 a barrel.
U.S. crude inventories rose by 16 … the Brent futures contract.
Oil futures are up about 15% … on Wednesday.
OPEC+, which includes the Organization of the Petroleum Exporting Countries … group positions for peak summer demand and a price lift …
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Tankers Full Of Crude Are Waiting At Sea, Why Aren't Buyers Taking The Oil Despite Big Discounts?
26 Feb 2026 13:14 GMT
… widening imbalance between supply and demand.
Oil is increasingly being stored in … of oil markets at Rystad Energy, said Chinese refiners currently view Russian crude … February to roughly 48 million barrels. Major shipping corridors such as …
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The U.S. "Takeover" Of Venezuelan Oil Won’t Move The Global Market
26 Feb 2026 14:01 GMT
… to extract and refine than light, sweet crude. The poor performance … in the form of fossil fuel exports. In the same … America’s growing exports of crude oil and petroleum products in the last … the $50 to $82 per barrel range justify continued drilling. Last …
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WTI at $64 Ahead of Iran Talks as US Crude Stocks Swell
26 Feb 2026 15:27 GMT
… event of a strike on OPEC's fourth largest … higher production, reports said. As OPEC's largest producer, … supply versus demand have continuously limited the upside in crude prices … as refiners cut back crude oil processing by more than 400,000 barrels …
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American Airlines Group Stock Gains as Miami Airport Expansion Boosts Outlook Amid Fuel Pressures
26 Feb 2026 15:50 GMT
… 50, reflecting volatility tied to fuel prices, operational challenges and … $16.
Challenges persist, however. Rising crude oil prices have pressured margins, contributing … corporate travel rebounding and leisure demand stable despite economic uncertainties. …
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An oil refinery defined life in this quaint California city. What happens when it’s gone?
26 Feb 2026 14:12 GMT
… .
The Benicia oil refinery, which the Texas oil company Valero bought … its dependence on fossil fuels.
Last April, the … processes about 145,000 barrels of crude oil a day, accounting for … demand, the closures have compounded fears of price spikes and fuel …
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Russia eyes higher Urals oil exports to China amid Indian cutbacks, traders say
26 Feb 2026 14:32 GMT
… aim to keep its Urals crude oil exports steady in March by … , the world's top crude importer, as Turkey - the … 2.1 million barrels per day as independent refiners take advantage of … participants warn that Chinese demand for Russian oil may be nearing its …
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Exclusive-Trump EPA to shift at least half of waived biofuel obligations to big refiners, sources say
26 Feb 2026 14:53 GMT
… plan that would require big oil refineries to make up for at … be unwelcome news for larger oil refiners that have argued that additional … boosting demand for blending credits.
Under the Renewable Fuel Standard (RFS), oil refineries have …
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Port Houston posts record January as exports surge; Corpus crude slips
26 Feb 2026 15:57 GMT
… been a “considerable uptick in demand” from retail customers for … growth
CEO Charlie Jenkins said demand is translating into activity … the same period in 2025.
Crude oil shipments fell 9.5% to … 9.8 million tons. However, petroleum shipments climbed 28% to 5 …