News

Where does a giant refinery in Nigeria, Africa’s largest oil producer, go to source the raw materials it needs to make fuels ...
U.S. crude oil inventories fell by 4.3 million barrels, more than the estimated drop of 1.3 million barrels.
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...
Both crude units at BP's Rotterdam oil refinery are offline following a shutdown at one 200,000 barrels per day (bpd) unit in ...
Crude oil prices surged last week, with Brent futures breaching $66 and MCX futures confirming a bullish trend reversal.
Nigeria’s Dangote Refinery is importing rising volumes of U.S. WTI crude as domestic supply struggles and American grades ...
Government officials and private companies are working to control damage from a crude oil spill at Single Buoy Mooring-2 (SBM ...
Crude oil futures traded lower on Friday morning, despite a direct phone call between the US and Chinese presidents to ...
A meaningful upside in oil prices seems limited as the recent rally has been driven more by geopolitical risks than by ...
The Defence Headquarters says troops of Operation Delta Safe destroyed 27 illegal refining sites in May 2025. This was ...
OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...