U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

In 2024, crude oil inventories dropped by more than 12 million barrels, according to the API’s inventory data, with the downward trend continuing beyond the new year.

I was fascinated by the idea of jet packs when I was a kid. They were sci-fi magic, and the idea that you could strap into an ...

The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

Indian Oil Corp has bought another 6 million barrels of sweet crude via a tender for April delivery, trade sources said on Monday, as the country's top refiner seek to replace Russian oil after U.S.

Chevron Corp. affiliate Tengizchevroil started oil production at its Future Growth Project at Tengiz oil field in western ...

Saudi Arabia's state oil company Aramco bought its first cargo of WTI Midland, a U.S. crude oil grade that underpins the ...

Analysts at Standard Chartered Bank noted that, in their view, 'the most important current feature of the oil market is ...

The American Petroleum Institute reported an unexpected increase in U.S. crude oil inventories, causing a dip in crude oil ...

Trump’s new threat of tariffs on Canada and Mexico will hit far beyond autos and retail, with chemicals companies and freight ...

Crude futures returned to positive territory after opening the trading session lower as markets mull trade and tariff risks under Trump’s presidency.

Telephone : Consumer Price Inflation Enquiries: +44 1633 456900. Consumer Price Inflation recorded message (available after 8am on release day): +44 800 0113703 ...