The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.

The price of crude palm oil (CPO) is likely to stay high through the first quarter of 2025 (1Q25), driven by seasonally weak ...

Oil prices rose more than 1% on Thursday as cold weather gripped parts of the U.S. and Europe, boosting winter fuel demand.

The Federal Trade Commission (FTC) announced a record $5.6 million civil penalty to settle allegations that three crude oil producers engaged ...

Natural Gas prices drop 0.96% to $3.41 as bearish momentum dominates, with key pivot at $3.55 signaling potential reversal.

Gas prices are a politically sensitive barometer of the economy for Americans. In a petroleum-dependent, mobile society, the ...

Oil prices rose slightly on Thursday as investors factored in firm winter fuel demand expectations despite large U.S. fuel ...

The upward momentum in crude oil prices at the start of the year has prompted analysts at Citi Research to raise their first-quarter estimate for benchmark crudes, while they remain bearish for the ...

Saudi Arabia's crude oil supply to China is set to decline in February from the month before, after the kingdom hiked its prices and as OPEC+ extended production cuts in the first quarter.

Oil advanced, with traders weighing short-term supply risks against further signs of Chinese economic weakness.Most Read from ...

As less oil is likely to be available from Russia due to Western sanctions, Indian refiners have started to make up the ...

Singapore:Saudi Arabia's crude oil supply to China is expected to decline in February compared to January, according to trade ...