U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three ...

The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria's crude oil production declined, falling ...

WHEN Dangote Refinery and the NNPC announced that they reduced petrol prices in the spirit of Christmas in December, this ...

U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw ...

Nigeria’s crude oil production dropped by 30,000 barrels per day (bpd) in January to 1.495 million (bpd), falling short of ...

U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw.

Mexico plans to boost its crude oil reserves to ensure it has enough for at least a decade of consumption, the chief executive officer of state energy company Pemex, Victor Rodriguez, said on ...

The contract would initially be valid for one year and can be extended by another year, BPCL said. The move is in line with ...

He said "There could be disruptions in supply chains, logistics, and trade routes. If the U.S. imposes restrictions on crude oil imports from Mexico, US refiners will stop purchasing from Mexico, and ...

By K Raveendran OPEC+ is once again at the centre of a global energy crisis as it grapples with a new challenge posed by ...

The real-time price of Brent crude oil is at $75.12 per barrel, and the price of WTI crude oil is at $71.39 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

The move by Dangote Petroleum Refinery to slash the price of diesel by N55 per litre has sent ripples through Nigeria’s ...