U.S. crude oil inventories increased by 6.2 million barrels last week as imports rose and refineries reduced their capacity ...

US tariffs on Russian oil could raise India's import bill by $3-6 per barrel, potentially impacting refining margins and fuel prices. With Russian crude accounting for 35% of imports, India may shift ...

U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending March 28, the Energy ...

A planned oil pipeline from Hungary to Serbia could begin to meet all of Serbia's crude oil needs by 2028, Hungarian foreign ...

FG's naira-for-crude program may continue, as evidenced by those familiar with the situation insisting that all parties to ...

The government of Uganda has entered an agreement with Alpha MBM Investments to advance development and construction of the country’s long-planned but delayed first crude oil ...

From reviving idle oil fields to meeting the 2 million bpd production target, Bayo Ojulari, the new group CEO of NNPC Ltd ...

Dangote Petroleum Refinery (DPR), the biggest player in Nigeria’s renewed local crude oil refining market, just gave a crude wake-up call. It could soon start selling its refined products in dollar, ...

Texas-based Phillips 66 announced plans to cease operations at its Los Angeles refinery before the end of 2025.

Goldman said it believes that a "suboptimal allocation" of the crude oil slate would lead to less U.S. and ex-U.S. refinery output of premium transportation fuels like gasoline and diesel.

You’ll often hear federal Conservatives and politicians in Alberta complain that Canadian oil is being sold to the U.S. at a ...

President Bola Tinubu has removed Mele Kyari as the group chief executive officer (CEO) of the Nigerian National Petroleum ...