Highlighting that India has diversified its sources of oil supply for cheaper purchases, Union Petroleum and Natural Gas ...

Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...

U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

High debt and low crude oil prices hit Occidental Petroleum stock in 2024. The oil and gas producer, however, is repaying debt and generating incremental cash flows from a recent acquisition.