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

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

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

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

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Oil prices edged higher in volatile trading as investors weighed a sharp rise in U.S. crude inventories and global trade risks against attacks on shipping in the Red Sea.

The Dangote oil refinery is planning to end crude importation by December 2025, a report by Bloomberg has said. The refinery ...

The Dangote Petroleum Refinery plans to stop importing crude oil by December 2025 and rely solely on Nigerian crude, ...

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 active crude oil rigs have increased to 46, up from 44 last week, according to the Nigerian Upstream Petroleum ...

Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...

THE Dangote Petroleum Refinery has reportedly said it expects to end crude oil importation before the end of the year and ...