VLCC rates have doubled since the start of 2025 and DHT Holdings chief executive Svein Moxnes Harfjeld is having a tough time ...

China’s state-run refiners are expected to resell US oil cargoes and seek alternative supplies in the aftermath of Beijing’s ...

Suncor Energy Inc. says it earned $818 million in the fourth quarter of 2024, down from $2.82 billion a year earlier, as it ...

Fuel oil margins climbed after U.S. President Donald Trump reimposed a stricter policy on Iran, though trade sources expect a ...

After days of trying to process what tariffs on Canadian and Mexican oil might mean for their business, U.S. refiners saw ...

Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rose by 110,000 barrels, according to API data, after sinking by 144 ...

U.S. investment bank Goldman Sachs (GS) has lowered its price target on energy major Exxon Mobil’s (XOM) stock while ...

President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as ...

The tariff on products imported from Canada will cost Americans 15 cents a gallon or more at the gas pump relatively soon. That’s not as much of a price hike as we could have seen.

“Canadian oil producers are expected to eventually bear most of the burden of the tariff with a $3 to $4 a barrel ...

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Tariffs would also likely force impacted crude sellers to discount prices to find buyers, said Matias Togni, founder of ...