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 ...

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

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

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

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 ...

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

Energy analyst Henry Adigun added that barging is not ideal but gives companies more certainty compared to pipelines that are ...

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

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 ...