Crude oil futures rise as US inventories decline, OPEC production drops, and China bans US-sanctioned tankers.

U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries ...

Mangalore Refinery and Petrochemicals Limited (MRPL) on Monday signed an agreement with Indian Strategic Petroleum Reserves ...

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...

Crude oil prices rose to a three-week high amid mounting concerns over supply disruptions and increasing demands. However, ...

The Dangote Petroleum Refinery retained 13 per cent of Nigeria’s crude oil exports as domestic supply in 2024, a new report ...

A group of concerned Nigerian citizens has called on the NNPC Limited to prioritise crude oil supply to local refineries, ...

Mangalore Refinery and Petrochemicals Ltd has entered into an agreement to store its crude oil in the caverns of the Indian ...

Crude inventories at the Cushing Oklahoma hub continue to draw, but a large increase in gasoline and distillate stockpiles resulted in an increase in commercial petroleum inventories ...

Dar Petroleum Operating Company (DPOC), the largest oil operator in South Sudan, will resume oil production on Wednesday ...

China may import less crude oil from Saudi Arabia on a month-on-month basis in February after the Kingdom hikes prices for ...

Seplat’s Chief Financial Officer, Eleanor Adaralegbe, revealed this projection in an interview with the Financial Times on ...