News

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...
The Dangote oil refinery is planning to end crude importation by December 2025, a report by Bloomberg has said. The refinery ...
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $67.17 per barrel, ...
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...
It has just come to my attention, via Punch online, that the Nigerian Midstream and Downstream Petroleum Regulatory Authority ...
Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...
Energy analyst Henry Adigun added that barging is not ideal but gives companies more certainty compared to pipelines that are ...
The American Petroleum Institute reportedly shows a surprise build of 7.1M barrels of oil in U.S. commercial stockpiles for the week ending July 4.
This unexpected surge in crude inventories suggests a weaker demand for oil, a situation that is bearish for crude prices. The API’s inventory levels of US crude oil, gasoline, and distillates stocks ...
Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...