Early oil refining was unpredictable and often dangerous. Over time, industry leaders like John D. Rockefeller and companies like Standard Oil introduced scientific methods and ...
MPC remains a beneficiary of surging crack spreads due to the Iran War, driving windfall profits and strong Q1 results. Read ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. CARSON, CALIFORNIA - MARCH 10: In an aerial view, Marathon ...
The refinery’s return to operation became possible after a crude oil vessel carrying 100,000 tonnes of Saudi crude arrived in ...
WTI, Brent and Dubai oil are the three major oil benchmarks that serve as reference prices for traders. Meanwhile, the ...