Edition:
India

Oil report Headlines

Big crude oil margins should boost U.S. refiner earnings

U.S. refiners ran full-tilt in the second quarter, fueled by cheap domestic crude and fat margins that should boost earnings, though their heavy activity could eventually saturate the market with gasoline, sapping profits down the road.

U.S. Interior watchdog probes Zinke over real estate deal

The U.S. Interior Department's watchdog said in a letter to lawmakers on Wednesday that it was investigating a Montana real estate deal involving a foundation set up by Interior Secretary Ryan Zinke and a development group backed by the chairman of oil service company Halliburton.