Refineries (at least those built by American companies) are designed with specific crude slates in mind, and the decisions about which oil to run are shaped by engineering limits, market prices, and strategic risk. Refining Venezuelan oil requires considering all three.

Secretary of State Marco Rubio on Sunday touted what he called a unique U.S. capability to refine Venezuela's abundance of crude oil, a linchpin of the Trump administration's takeover strategy for the country.

LONDON/NEW YORK/NEW DELHI (Reuters) -Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and analysts, and some see little respite without more plants being ...

In this article, we look at the 13 Best Oil Refinery Stocks to Buy Right Now. Investors are keeping their eyes on the global oil market while staying on their toes, amid a fresh wave of geopolitical tensions and supply-side shifts. On August 5, 2025, oil ...

Serbia's Russian-owned NIS oil refinery, which is sanctioned by the United States, will be operational on January 17 or 18 after receiving a temporary licence, President Aleksandar Vucic said on Sunday.

Ukraine said it attacked the Syzran oil refinery in Russia’s southern Samara region overnight for the second time this month, causing a fire at the site.

Ukraine said Russian strikes over the weekend showed Moscow was not ready to seriously engage in talks to end the war.