Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...

U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell ...

India's crude oil production has decreased to 28.7 MMT in FY25, maintaining a self-sufficiency of 12.3%. LNG imports ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

Nigeria’s upstream oil and gas sector is experiencing a resurgence, with the country’s rig count rising by 48%, from 31 in ...

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

Kuwait Petroleum Corp. (KPC) is optimistic about continued global oil demand beyond the summer, citing robust interest from ...

U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.

As part of efforts to improve the country’s daily production of hydrocarbon potential, crude oil producers operating in ...

Backbone Infrastructure Nigeria Limited (BINL), a multinational infrastructure development company, says it will build a $15 ...

The Vice President of Dangote Industries Limited, Devakumar Edwin, says the refinery has long-term contracts, and will focus ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the federal government has approved 37 new crude oil ...