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

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

U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his ...

The Dangote oil refinery is expected to lift 10 cargoes of crude oil from the Nigerian National Petroleum Company Limited ...

Oil falls in the early morning Asian session. The U.S. EIA said Wednesday that commercial crude oil stocks excluding strategic petroleum reserves increased by 7.1 million barrels in the week ended ...

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

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

The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to ...

Dangote Industries Limited says it expects its 650,000-barrel-per-day refinery to be fully supplied with crude oil from Nigerian producers by the end of 2025 -- a major step towards cutting dependence ...

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

India has launched its largest-ever oil and gas licensing round under OALP-X to boost domestic production and reduce its record-high dependence on crude oil imports.

Oil futures gained a few cents in a choppy session marked by a large 7.1 million barrel build in U.S. crude stocks and continuing uncertainty as President Trump puts tariffs back on traders’ radars.