Crude oil production rises to 1.48mpd The ongoing competition between fuel importers and the Dangote Petroleum Refinery has resulted in a reduction in the ex-gantry price of Premium Motor Spirit, also ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

The Saudis are hurting the US oil industry. Trump’s unlikely to talk about it. The oil issue? “It’s secondary,” says one ...

Oil futures climbed to a three-week high after both nations agreed to reduce most of the tariffs they had imposed during ...

March imports were the strongest since August 2023 and the relatively robust outcome for April took arrivals for the first ...

Shell, Chevron, Exxon, TotalEnergies, and others have looked into acquiring the oil company. A takeover of BP might be ...

President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.

Indian Oil Corporation Limited (IOCL) requested the public to stay calm and avoid unnecessary rush at petrol pumps amid ...

Indian Oil Corporation urged buyers to not panic hoard fuel. It said there is enough stock in the country and the fuel lines ...

Oil and gas firms only drill new wells when prices are high enough to offset the costs of fracking, refining and shipping the ...

African countries with lowest fuel prices as global oil prices remain near multi-year lows, pressured by ongoing uncertainty ...