Some U.S. Gulf Coast refiners have recently paid prices over the Brent LCOc1 crude benchmark for Trinidad and Tobago's Molo heavy sour crude.

U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three ...

The Duqm Refinery and Petrochemical Industries Company LLC (OQ8) – a 50:50 partnership of OQ Group of the Sultanate of Oman and ...

In the 1920s, oil was becoming a hot commodity in Texas. The success of the Spindletop oil well in Beaumont in 1901 had set ...

According to OPEC, the Dangote refinery has cut down Nigeria’s imports of petroleum products from Europe. According to experts, the Dangote refinery might end the decades-long gasoline trade from ...

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

Petrobras has signed agreements with BPCL for crude oil supply, and ONGC Videsh and Oil India for oil and gas exploration ...

The contract would initially be valid for one year and can be extended by another year, BPCL said. The move is in line with ...

Russia refined 266.5 mln tons of oil in 2024 and produced 41.1 mln metric tons of gasoline and 81.6 mln metric tons of diesel fuel, Alexander Novak said ...

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

BP expects its Whiting refinery in Indiana will run at full capacity this year after completing a major maintenance ...