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

U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

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

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

President Trump has said he could slap 25% tariffs on Canadian imports as soon as Saturday. While that is bad news for ...

Nigeria’s petrol imports have fallen to 110,000 bpd, the lowest since 2017, as Dangote refinery ramps up production.

According to experts, the Dangote refinery might end the decades-long gasoline trade from Europe to Africa, valued at $17 ...

IESR said exporting crude oil and importing cheaper materials from abroad will increase the opportunity for higher foreign ...

New data has revealed that European refineries are feeling the impact of the Dangote Refinery, as Nigeria's reliance on ...

Additionally, crude oil from contractors that do not meet current specifications will be blended and processed to meet the ...