Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...
World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.
Tuesday closed up +1.00 (+1.38%), and March RBOB gasoline (RBH25) closed up +0.0431 (+2.05%). Crude oil and gasoline prices ...
Nearly three years on, Russia’s full-scale invasion of Ukraine in February 2022 has reshaped trade and investment in the ...
While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now ...
U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.
Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...
Saudi Arabia's crude oil supply to China will likely decrease in March compared to the previous month, trade sources told Reuters on Tuesday.
Saudi Arabia's crude oil supply to China is set to slide in March from the prior month, trade sources said on Tuesday, after ...
India diversifies its crude oil imports from 27 to 40 countries, with Argentina as the latest addition, amid growing energy ...
Nigeria spends not less than N1.57tn on crude oil production monthly, translating to about N18tn annually, a development which industry operators described as too high, The PUNCH reports.Data ...