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China plans crackdown on oil refiners' unofficial capacity growth

China’sstateplannersaidonFridayitwilllaunchafreshcrackdownonoilrefinersthatexpandcapacitywithoutofficialapproval,thelatestsweepingmovebyBeijingtocurbunfetteredg

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Gasoline prices spike on shortage worries in Harvey's wake

USgasolinepriceshavejumpedintheaftermathofHurricaneHarveyandlocalshortagescouldoccurbutthesituationislikelytostabilizeinthecomingdays.Agallon(3.8liters)ofgasoli

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Largest U.S. refinery joins nationwide oil strike

Workers at the largest refinery in the United States on Saturday joined a nationwide oil refinery strike as the union representing them pushes for a new contract that improves wages and safety.

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U.S. oil companies call for exporting oil as domestic output rises

U.S. oil companies on Thursday urged the federal government to lift export ban and start exporting oil as the nation has been seeing a rapid increase in domestic oil production in recent years.