…  will be primarily used to finance the purchase of hedged crude oil inventory for storage activities when market conditions warrant as …  2008, during which time crude oil prices averaged $108 per barrel. Since the end of the third quarter, crude oil prices have declined …

…  percent of total segment operating income. With wide sour crude discounts and strong asphalt and intermediate product prices, our product margins averaged $16.05 per barrel. “As a result of our strong financial results, we were able to …

…  to design, construct, own and operate a new Texas offshore crude oil port and pipeline system to facilitate delivery of waterborne crude …  onshore storage facilities with approximately 5.1 million barrels of total crude oil storage capacity, and an associated 160-mile …

…  Shell group, has shelved plans to expand its 110,000-barrel per day refinery in the Philippines due to increased costs, its …  of an effort to reduce its reliance on expensive imported crude oil and rely more on biofuels produced from local crops such as sugar and …