It’s largely about the chemistry of the oil and the mechanics of the refineries. In many cases, importing foreign crude is cheaper.

Stay with us here — think about chicken parts. Higher demand for white breast meat means an excess of chicken legs.

Higher prices can correlate with economic strength. Also, OPEC is holding back supply.

How settlers stole the wealth and resources of citizens of the Osage Nation, whose reservation land in Oklahoma was rich in oil.

The addition of American crude oil to the Brent benchmark had an immediate impact on global oil prices.

They’re making less on crude, more on refining it.

It’s not the most wrappable holiday gift, but it’s a popular one. Here’s why we’re seeing a dip in oil prices.

Austin Golding says his family’s barge business was able to plan ahead, but it’s still costing the company money and productivity.

Gas prices are based on oil prices, and traders are getting nervous about a potential ban on imported Russian oil.

The way U.S. oil refineries are set up has a lot to do with it.