HOUSTON (Reuters) -Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, ...

Private Chinese oil refinery Landbridge Petrochemical Co. has made a rare purchase of a shipment of West African oil instead ...

Equinor ASA warned that any pause to review the permit for its Rosebank oil project would risk delaying the development of ...

In the 2023-24 fiscal year, BPC imported approximately 13 lakh tonnes of crude oil to meet national demand, which currently stands at around 65 to 70 lakh tonnes annually. ERL can refine up to 15 lakh ...

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...

The federal government has unveiled a proposed budget of N47.9 trillion for the 2025 fiscal year. Atiku Bagudu, Minister of ...

Oil futures headed higher for a third straight session on Thursday but continued to trade lower for the week, after the latest forecast from the International Energy Agency called for a glut in crude ...

The Energy and Petroleum Regulatory Authority (EPRA) announced the maximum fuel prices applicable in Kenya from November 15, ...

U.S. gasoline inventories fell to their lowest levels in two years as fuel supplies drew down unexpectedly last week amid ...

While goods exports rose by 17 per cent to $39 billion in October compared to October last year, imports jumped by 4.5 per ...

Slovakia plans to hold talks with the European Union about extending its exemption to sanctions on Russian oil, according to Foreign Minister Juraj Blanar.