With anticipated increases in global oil prices, India is proactively expanding its strategic petroleum reserves.

Crude prices fell off session highs as demand for jet fuel turned soft ahead of the holiday travel season because the U.S.

US crude oil inventories saw a significant build in the last week of October, while gasoline and distillate inventories ...

HOUSTON] Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian crude oil as US President Donald ...

Oil prices fell on Wednesday amid a broader selloff in global financial markets that underscored concerns about economic and ...

The Dangote Petroleum Refinery has reduced the gantry price of its Premium Motor Spirit, PMS, also known as petrol, to ₦828 ...

Gasoline and distillate inventories fell, signaling tighter supplies heading into winter. EIA reported a 4.7 million-bbl drop in U.S. gasoline stocks, leaving them 5% below the five-year average.

NEW YORK (Reuters) -Oil prices fell more than 1% on Wednesday, settling at two-week lows on pressure from concerns of a possible global oil glut, but data showing signs of strong U.S. demand for fuel ...

Discover the key factors driving oil prices and their impact on global economies, from consumer budgets to corporate earnings ...

Key Points Bought 221,760 shares of OXY; estimated transaction value of $10.31 million Trade represents 7.37% of 13F ...

MEMAN has warned that the new 15% import tariff on petroleum products is likely to raise petrol prices to about N998 - N1,028 ...

Discover how West Texas Intermediate (WTI) serves as a key benchmark for U.S. oil, its role in NYMEX futures, and how it ...