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US refiners reward shareholders with big returns despite softer Q1 profits - Vimarsana News

US refiners reward shareholders with big returns despite softer Q1 profits

Major U.S. fuel makers returned billions in capital to shareholders in the first quarter and boosted share repurchase programs, even as refining margins softened from recent records and utilization...

Diesel Takes Another Hit And May Be Driving Down Broader Oil Market - Vimarsana News

Diesel Takes Another Hit And May Be Driving Down Broader Oil Market

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Could Renewable Diesel Crush Oil Demand? - Vimarsana News

Could Renewable Diesel Crush Oil Demand?

Diesel prices continue to fall due to weak demand and the growing role of renewable diesel.

Phillips 66 (NYSE:PSX) Q1 2024 Earnings Call Transcript - Vimarsana News

Phillips 66 (NYSE:PSX) Q1 2024 Earnings Call Transcript

Phillips 66 misses on earnings expectations. Reported EPS is $1.9 EPS, expectations were $2.05.

Traders scramble for US storage as distillates demand disappoints - Vimarsana News

Traders scramble for US storage as distillates demand disappoints

Traders are rushing to fill up storage tanks along the U.S. East Coast with distillate fuels, like diesel and heating oil, data from storage broker The Tank Tiger showed on Monday, a sign of...