Oil & Gas

US refiner Phillips 66 posts bigger-than-expected quarterly loss
April 25, 2025
(BOE Report) – Phillips 66 reported a bigger-than-expected loss in the first quarter on Friday, as lower refining margins amid a widespread maintenance and turnaround activity across the U.S. refining

Vitol steps up Venezuela oil buying before U.S. license lapses
April 25, 2025
(World Oil) – Vitol Group has stepped up oil purchases in Venezuela in the final weeks of a U.S. license that allows the world’s largest independent oil trader to do

Weekly Gas Storage: Inventories increase by 88 Bcf
April 24, 2025
Natural Gas Inventories as of April 18, 2025 The EIA has released its natural gas inventory report, showing a net increase of 88 Bcf as of April 18, 2025. Working