EUR/USD is falling back below 1.0300 in European trading on Thursday. Despite risk appetite and a softer US Dollar, the pair ...

Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on ...

Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that ...

The price of Brent crude has risen in the international market, signalling the possibility of petroleum product price increase in depots across Nigeria.

Independent Petroleum Marketers Association of Nigeria (IPMAN) said its members now patronise Dangote Refinery following the ...

Russia’s oil proceeds to the state budget increased by almost a third last year to the highest since at least 2018, spurred ...

BP announced that its fourth-quarter profits will decrease due to lower refining margins. The company anticipates a decline ...

Russian crude accounted for 40 per cent of India's oil imports during 2024, following the sanctions-induced redirection of imports from Europe to Asia. The new sanctions could complicate logistics, ...

Indian refiners expect their supply of cheaper Russian crude to be severely crippled with imminent U.S. sanctions expected to ...