Despite assurances of growing self-sufficiency, the Dangote Petroleum Refinery continues to import diesel amid ongoing ...

Crude imports hit record highs, with December stockpiling estimated at 2.67 million bpd-the fastest pace since 2020-as ...

The Dangote Petroleum Refinery has shifted to processing lighter crude oil in a strategic move to minimise production ...

China's surplus of crude oil jumped to 2.67 million bpd in December, up from 1.88 million bpd in November and the most since ...

By Anushree Mukherjee and Enes Tunagur BENGALURU/LONDON Jan 27 (Reuters) - U.S. demand for imported fuel oil is set to fall ...

The most traded U.S.-listed oil exchange-traded funds opened higher on Tuesday, closely tracking a small rise in oil futures, as investors weigh Venezuela’s short-term supply and hedge exposure to the ...

President Donald Trump has called on U.S. oil companies to invest in Venezuela after the overthrow of President Nicolas Maduro. Venezuela, a founding member of OPEC, sits on the largest proven crude ...

WTI crude oil futures (CL1:COM) will be in focus after the U.S. on Saturday said it had conducted a strike against Venezuela and captured its leader, Nicolás Maduro. The move marked a culmination of ...

Crude oil erased its earlier losses as traders continued to assess the U.S. operation in Venezuela that removed President Nicolás Maduro from Caracas. President Donald Trump said oil majors will be ...

The Middle Eastern crude oil market is showing more signs of weakness amid growing concerns about a global glut that could drag prices still lower. The discount of the regional Dubai benchmark to ...

Energy Secretary Chris Wright said on Wednesday the Trump administration will oversee the sale of Venezuelan oil and control the proceeds under a new export plan designed to get crude flowing again ...

One of China’s largest regular buyers of Venezuelan crude is making bids for Canadian cargoes as a replacement, after US intervention in the Latin American country upended global flows and lifted ...