LAWMEN have arrested seven people and seized some P288,000 worth of smuggled petroleum products in a law enforcement ...

Crude oil prices dropped by 8 per cent to $78.17 per barrel, from more than $85 per barrel, weekend, causing imported ...

U.S. crude oil stockpiles were expected to have fallen last week while gasoline and distillate inventories likely rose, an ...

Africa emerged as the top destination for India’s petroleum exports in December, while shipments to traditional importers in ...

Supreme Court held that the agreement between the oil marketing companies indicates that the price of petroleum products agreed under MoU is not a normal price and, therefore, is not a transaction ...

Marathon Petroleum Corporation ... and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution ...

Oil losses were significantly lighter than those seen by products, with March West Texas Intermediate crude dipping by 24cts to $75.59/bbl while April WTI moved 23cts lower to $74.85/bbl. March Brent ...