China's crude oil imports fell 1.9% in 2024, data showed on Monday, the first annual decline in two decades outside of ...

Palm oil loses market share to soya and sunflower oils as prices rise; refined imports impact India's refining industry ...

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

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

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

Learn how crude oil is taken from the ground and turned into useful products like petrol. See the step-by-step process of ...

Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased.

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

The fires raging in Southern California threaten to hurt the supply of oil, gas, diesel and natural gas supplies due to fire ...

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

Russia's crude oil production fell below its OPEC+ quota in December, raising concerns about its ability to meet future ...