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Crude oil

Oil price rises on Chinese demand rebound

Oil rose on signs of a strong economic rebound in top crude importer China, but fears over the impact of potential increases to European interest rates kept prices from moving higher.

Russia's oil/gas revenues fall 40% in January

Russia's revenues from oil and gas exports dropped by nearly 40% in January as price caps and Western sanctions squeezed the proceeds from Moscow's most lucrative export, the International Energy Agency said on Tuesday.

U.S. EPA's proposal would allow a higher ethanol blend in Midwest states

The U.S. Environmental Protection Agency proposed a rule that would allow sales of gasoline with a higher ethanol blend in certain U.S. Midwest states.

Crude C4 alternatives for a successful grassroots petrochemicals project

Saudi Aramco: Delgado, J.  |  Khvastunkov, M.  |  Marwan, K.  |  Marri, A.

The disposition of the crude C<sub>4</sub> stream from a steam cracker is a project configuration topic that deserves some discussion.

Colorado refinery outage causing increased fuels pricing

The only petroleum refinery in Colorado shut down in late December after sustaining damage from extremely cold weather, which may tighten gasoline and diesel fuel supplies in the region.

How a ban on Russian crude affects EU's refining industry

A look at how a ban on Russian crude affects oil exports and the EU's refining industry

Yulong Petrochemical signs feedstock deal for its 400,000-bpd integrated complex with bp and Chevron

China's Yulong Petrochemical has signed memorandum of understanding agreements with bp and Chevron to supply its 400,000-bpd greenfield refinery in northern China.

CNPC shuffles regional offices to better support global portfolio

China's CNPC has completed a months-long reshuffle with the addition of six regional offices that report to Beijing headquarters to better coordinate and supervise its sprawling global portfolio.

U.S. crude oil inventories rose as utilization drops

U.S. crude oil inventories rose for the ninth week in a row, surging to their most since May 2021, as refiners ran less oil during a strong maintenance season.

ExxonMobil is planning to startup new CDU at its Beaumont refinery

ExxonMobil is planning to start the new crude distillation unit (CDU) at its 369,024-bpd Beaumont, Texas (U.S.), refinery this weekend.