The Nigerian military said it has recovered 842,685 litres of stolen crude oil, neutralized 79 terrorists, and rescued 67 ...

China Petroleum & Chemical Corp, or Sinopec Corp , said on Friday it processed 2.03% less crude oil in 2024 versus 2023 and ...

The U.S. Energy Information Administration reported Thursday that commercial crude inventories fell for the ninth week in a row, but gasoline stockpiles climbed as demand weakened. Oil prices had [tur ...

U.S. crude oil inventories fell for a ninth consecutive week, reaching their lowest level in almost three years, while gasoline stocks continued to build, according to data released Thursday by the ...

ShareThe return of Port Harcourt Refinery to refining, after many years of comatose brings renewed hope, but also calls for ...

The American Petroleum Institute reportedly shows a surprise build of 1M barrels of oil in U.S. commercial stockpiles for the ...

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

Amidst the doubts expressed in many quarters as to whether or not the country’s local petroleum refining capacity has improved ...

For the third straight week, fuel retailers are raising the prices of their petroleum products starting Jan. 21. In separate ...

Oil storage is a type of trade wherein vertically integrated companies purchase oil for immediate delivery and store until the price of oil increases. This storage can be for a short span of time, as ...

LOCAL oil firms raised pump prices anew by P2.70 per liter for diesel, P2.50 per liter for kerosene and P1.65 per liter for ...