Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

1 Barrel ≈ 158,98 Liters Oil (WTI ... Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics.

Oil prices settled slightly higher on Tuesday, helped by weakness in the dollar, but gains were capped by mounting fears of a ...

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Refineries take raw crude oil and refine it into usable ... The largest finished product is gasoline, at 19 gallons from each barrel of oil. Refiners then sell these products to end users ...

settled at $69.46 a barrel on ICE Futures Europe, up 16 cents, or 0.2%. -- Back on Nymex, April gasoline RBJ25 fell 1.7% to $2.1012 a gallon, while April heating oil HOJ25 shed 0.8% to finish at $ ...

“We believe Brent crude oil prices could drop between $5 and $10 a barrel if Russian barrels suddenly do not need to make a long journey to India or China, and more supply is suddenly made ...

Greek shipowners are increasingly returning to the transportation of Russian oil. On the one hand, part of it is sold at $ 60 ...

Oil prices have bounced around quite a bit over the past year. WTI, the primary U.S. benchmark price, has topped $80 a barrel several times, including earlier this month. However, it has cooled ...