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 ...

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 ...

WTI, Brent and Dubai oil are the three major oil benchmarks that serve as reference prices for traders. Meanwhile, the ...

Crude oil, the main component of gasoline, accounts for nearly 60% of the pump price of regular gasoline. · Shortages at Gulf ...

HOUSTON, March 10 (Reuters) - President Donald Trump on Tuesday announced ⁠the ⁠construction of a refinery on the southern U.S. ⁠border backed by India's Reliance Industries, operator of the world's ...