U.S. shale producer Occidental Petroleum said the prices received for oil production during the fourth quarter were lower ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S.

Union Minister Hardeep Singh Puri discusses India's potential in green hydrogen production and transition to a sustainable ...

The construction of eight additional tanks will increase crude storage capacity at the $20 billion Dangote Petroleum Refinery ...

US crude oil inventories for the week ended Jan. 3 decreased by 1.0 million bbl from the previous week, according to US EIA data.

This expansion is expected to increase the refinery's storage volume by 6.29 million barrels, equivalent to 1 billion litres.

Crude oil futures rose about $2 around midday Friday as the possibility of more U.S. sanctions against Russian petroleum products triggered global supply worries. Diesel contracts also jumped as below ...

The US has imposed sweeping sanctions on Russias oil trade. The measures target major producers, tankers, traders, and ...

Until we see robust economic growth return that allows the unwinding of OPEC+ cuts in a manner that does not impact balances, ...

The US on Friday announced the most sweeping and aggressive sanctions yet on Russia’s oil trade, just ten days before Joe ...

The US Treasury imposed sanctions on Gazprom Neft and Surgutneftegas as well as 183 vessels that have shipped Russian oil, ...