U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.

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Activist Elliott Investment Management on Tuesday disclosed a stake in Phillips 66 valued at more than $2.5 billion and said ...

Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...

Chevron's reserves, or the amount of oil and gas that it can potentially extract, declined from 11.1 billion barrels of oil ...

Bloomberg too was upbeat about oil’s immediate prospects: the news agency pointed out that “There are signs of tightness in ...

Shares of Marathon Petroleum Corp. MPC rallied 2.44% to $153.78 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.67% to ...