(Bloomberg) — Senior Biden administration officials pressed executives from some of the largest US gasoline producers to curtail overseas sales during a tense meeting Friday afternoon, suggestin...
Tag: Refiners
Refiners Led by Exxon Face Biden’s Wrath as Profits Explode
(Bloomberg) — Exxon Mobil Corp., Marathon Petroleum Corp. and the other top US oil refiners are on course to reap a combined $10 billion in profits this quarter even as US President Joe Biden la...
Biden Tells US Oil Refiners Record Profits Are ‘Not Acceptable’
(Bloomberg) — President Joe Biden told US oil refiners that unprecedented profit margins are unacceptable and called for “immediate action” to improve capacity as the soaring price of gasoline f...
Oil Traders Selling Pricey Russian Crude Chafe Indian Refiners
(Bloomberg) — Indian refiners that are among the few remaining eager buyers of Russian oil are baffled as to why they’re paying nearly full cost for cargoes that are being offered at record disc...
LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Entities – Regulation Bitcoin News
The London Bullion Market Association (LBMA) said it wants six accredited Russian gold refiners to clarify if they have commercial ties with sanctioned Russian entities. The association’s request come...