Venezuela's state-owned PDVSA has begun exporting a heavy crude oil grade that had been shipped by Chevron since 2022, ...

Crude oil inventories in the United States saw an increase of 4 million barrels during the week ending May 9, according to ...

A s president xi jinping stood shoulder to shoulder with his Russian counterpart, Vladimir Putin, watching Russian and ...

In this video, we take you inside the manufacturing process of steel drums, focusing on how millions of oil barrels are produced each year. From raw steel sheets to the finished barrels, discover how ...

NSA Ribadu pledges to prosecute oil thieves and vandals, assuring stakeholders of swift justice to protect national assets in Niger Delta.

Oilsands giant Suncor in the midst of a multi-year project to replace eight original coke drums, dating back to 1967, at its ...

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

The US imported an average of 5.09 million barrels of crude oil per day from ten major nations last week, according to the EIA. This is a 262,000-barrel increase over the previous week ...

The price of crude oil is expected to average $64 per barrel in 2025, the World Bank has revealed in its April 2025 Commodity Markets Outlook. This is compared with $80.7 per barrel in 2024.

Saudi Arabia, along with Russia and six other members of the oil cartel, will implement a production adjustment of 411 000 barrels a day out of the ground, as in May, according to a OPEC+ statement, ...

But on Saturday, eight countries that belong to the oil cartel known as OPEC Plus said they would add about 411,000 barrels of oil a day in June. The move, which follows a similar step by the ...

According to the statement obtained by Channels Television, Saudi Arabia, Russia, and six other members of the oil-producing countries will implement a production adjustment of 411,000 barrels a ...