Oil prices lost ground on Wednesday after sources said industry data would show an increase in U.S. crude stockpiles, but ...

Indian Oil is buying Russian crude oil cargoes without the involvement of sanctioned entities and expects gasoline demand to ...

Crude oil futures fell as traders worried that large increases in U.S. crude and gasoline stockpiles and a potential ...

U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three months, according to data released Wednesday by the U.S. Energy Information ...

European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

The Dangote Petroleum Refinery says it has raised daily production to 85 per cent of its 650,000 barrels per day capacity, ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

BPCL will enter into a long-term deal of 15-20 years for supply of crude oil for the new refinery, if Saudi Arabia agrees to ...

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which stands at $100 per barrel - still leaves room for a profit. Russian diesel ...

Days before he ordered, and then paused, new tariffs on U.S. imports from Canada and Mexico, President Donald Trump argued that the U.S. does not need imported products such as crude oil and lumber ...