Trump will include a process for Canada and Mexico to seek specific exemptions for certain imports, adding that new tariffs would become effective on March 1 ...

Phillips 66's fourth quarter profit plummeted to $8 million from $1.26 billion in the year-ago quarter. Valero's refining ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

Phillips 66 reports Q4 adjusted loss, with refining margins declining. Western Canadian crude will continue to flow to U.S. refiners but at greater discount if Trump enacts tariffs.

LyondellBasell (NYSE: LYB) started closing down its Houston refinery earlier this month. The 107-year-old refinery is ...

Oil prices eased on Friday and closed the week lower as investors awaited 25% tariffs by the United States on Canada and ...

LyondellBasell is in solid financial health. Management reported a net debt/adjusted EBITDA ratio of 1.8 times as of Dec. 31, 2024. We expect the leverage ratio will remain healthy over time as the ...

LyondellBasell Industries said it has halted operations of a crude and coker unit at its 290,000 b/d Houston refinery as the global chemicals company continued the oil refinery's scheduled shutdown ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25% tariffs on products from Canada and Mexico.

Phillips 66 delivered a substantial miss on earnings due to changing market conditions and strategic shifts.

Steep tariffs on Mexico and Canada are set to go into effect on Saturday as President Trump threatens trade with America's ...

U.S. tariffs on Canadian energy imports could reduce domestic refining output by as much as 10%, a Valero Energy official said on Thursday.