Erwin Seba
Oil steady as markets await clarity on tariffs by Trump on Canada, Mexico
Analysts say traders have already priced in Trump's tariffs: "(this is) a major reason why crude oil is trading where it is."
Lyondell to begin closure of Houston refinery this weekend, sources say
By Erwin Seba HOUSTON (Reuters) -LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people...
Another US oil refinery to vanish with Lyondell Houston plant closing
LyondellBasell plans to shut its 263,776 bpd Houston refinery in early 2025, as fuel demand dips amid green energy shifts.
US Steelworkers union looks to clean energy to replace job losses at oil refineries
USW aims to grow membership with 17,000 new jobs from clean energy projects despite potential Trump challenges.
Operations at key Louisiana energy port suspended as Francine approaches
Port Fourchon work stops as Hurricane Francine arrives, with a quarter of all oil and gas production in the Gulf of Mexico halted.
Oil climbs $2/barrel after Fed’s Powell indicates coming US rate cuts
Oil prices rose 1% on Friday on a softer dollar but were still set to end the week lower.
Oil tumbles on easing fears of wider Middle East war
Oil prices dipped on Tuesday after five straight sessions of gains, with OPEC moving to cut its forecast for demand growth in 2024.
Oil hovers at 8-month lows as U.S. fears offset Mideast tensions
With weak July payroll figures sparking fear of US recession, oil futures drop in trading.
Valero plans to run refineries at 92% of combined capacity in Q3 2024
Valero Energy plans to run its refineries at up to 92% capacity in Q3 2024, with high operation rates on the Gulf Coast,...
