Us Refiners
Oil rates fall 2% as US refiners ramp up output, equities retreat
HOUSTON (Reuters) -Oil prices reversed course and fell over 2% on Wednesday after government data showed U.S. refiners ramped up output, easing worries of a supply crunch, and as traders took cues from a drop in equities market.
 "Oil rates fall 2% as US refiners ramp up output, equities retreat")
Updated On : 18 May 2022 | 10:56 PM IST
Oil falls as US refineries shut; Washington pushes Opec to pump more
U.S. West Texas Intermediate (WTI) crude futures were down 43 cents, or 0.6%, at $68.78.
 "Oil falls as US refineries shut; Washington pushes Opec to pump more")
Updated On : 31 Aug 2021 | 11:08 PM IST
Saudi Arabia reduces oil prices in sign demand recovery struggling
Aramco cut Arab Light to Asia to a discount against the benchmark oil price used by the Saudis for the first time since June
 "Saudi Arabia reduces oil prices in sign demand recovery struggling")
Updated On : 07 Sep 2020 | 1:03 AM IST
US refiners face emerging glut of fuel, will have to sharply cut processing
The now-plentiful supply of gasoline and to a lesser extent distillate implies refiners will have to cut processing more sharply than usual over the next couple of months
 "US refiners face emerging glut of fuel, will have to sharply cut processing")
Updated On : 20 Sep 2018 | 5:07 PM IST
