The 6 Division of the Nigerian Army has dismantled 13 illegal refining sites, recovered 300,000 litres of stolen crude oil, and arrested 15 suspected oil thieves.This was achieved in a major operation ...

Last year was a relatively calm period for the oil market. Demand was healthy while OPEC kept a tight lid on its supplies, ...

Oil prices have bounced around quite a bit over the past year. The price of crude oil has a meaningful impact on oil stocks. Here's a look at whether it's still worth buying shares of ConocoPhillips ...

The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day ...

Experts say that reopening the Keystone pipeline after the premier of Alberta, Canada, said she wants to talk to Trump about ...

U.S. crude oil inventories slipped to their lowest level since March 2022 last week, even as refining activity fell sharply, cutting demand for crude.

China Petroleum & Chemical Corp, or Sinopec Corp , said on Friday it processed 2.03% less crude oil in 2024 versus 2023 and ...

Only in office for three days, President Donald Trump has already signed more executive orders than any other president.

"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald ...

President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday ...

Two local oil purchasers have decreased the price they will pay for Penn grade crude oil. Effective Wednesday, American Refining Group and Ergon Oil Purchasing decreased their price by $0.45 ...

The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.