U.S. crude oil inventories increased by more than expected last week in a fourth consecutive build, while product stocks ...

NUPRA's Chief Executive Engineer emphasized the significance of adhering to international best practices to support the ...

Nigeria’s target of 2.06million bpd crude oil production target in 2025, is achievable, the Minister of State for Petroleum, ...

President Trump announced plans to rapidly refill the Strategic Petroleum Reserve (SPR), which had been significantly ...

U.S. crude oil stockpiles were expected to have risen last week, while distillate inventories likely fell and gasoline ...

Today’s build in crude inventories is in line with seasonal trends and adds to the 4.1 million barrels that the EIA estimated for the week prior.

The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors, Adewale Adeyemo-Bero, has ...

The minister said for over a decade, there has been no investment in the sector, adding that things are now changing for the ...

U.S. crude oil and gasoline stockpiles were expected to have risen last week, while distillate inventories likely fell, a ...

Crude oil futures drop as US inventory levels rise, market awaits official data and fears impact of import tariffs.

The Federal Government has said it would not resort to price-fixing for crude oil. It insisted on the commitment to comply with international best practices to allow the willing-seller, willing-buyer ...

The Shell Petroleum Development Company of Nigeria (SPDC) has suspended crude oil flows into the 16-inch Nun River-Kolo Creek ...