West Texas Intermediate (WTI) futures opened at $57.50 per barrel (bbl) on October 21, 2025. Brent crude opened at $61.00 per ...
Refining converts mixed crude oil into specification fuels, petrochemical feedstocks, lubricants, and other products by physical separation, chemical conversion, and product treating/blending. It ...
Lower crude prices usually mean lower gas prices — but pressures on refineries, including drone attacks on Russian refineries, mean that consumers might not see as much benefit. The world’s crude oil ...
U.S. crude oil inventories fell by 3.169 million barrels in the week ending July 18, the Energy Information Administration (EIA) reported on Wednesday, broadly confirming the earlier API estimate but ...
Discover how West Texas Intermediate (WTI) serves as a key benchmark for U.S. oil, its role in NYMEX futures, and how it ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 2.980 million ...
The efforts and have been plagued by oil spills, gas leaks, and fires that have injured workers ... Until this year, ...