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

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

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

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

Oil refiners are increasing their efforts to blend renewable feedstocks such as used cooking oil into their crude refining ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

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

Solvent Extractors’ Association writes to Indian PM to close tariff loopholes, warns of revenue loss and market disruptions.

Gasoline futures were also struggling to close out the week in the black. The Nymex March RBOB contract was off by 2.21cts to $2.0886/gal, leaving it down by nearly 2cts week to week and more than ...

Cushing has seen a dramatic increase in its tankage and pipeline connectivity, solidifying its position as the world's ...

The production figure which was released in OPEC monthly oil market report showed that the increase was against 1.485mln bpd ...

A number of oil refineries in Texas have complained about the quality of Mexican oil and have reportedly been turning to suppliers in Colombia and Canada.