Oil Turns Lower, With Market Watching Hormuz Talks

Oil prices turned lower, with the market watching talks to reopen the Strait of Hormuz.

An Oil Refiner That Fled California Is Back-With a Giant Pipeline From Texas

Phillips 66's 900-mile pipeline will carry gasoline, diesel and jet fuel from the Texas Panhandle to Phoenix and Los Angeles.

Why the Real Oil Squeeze Is Happening in Refineries