December WTI crude oil (CLZ25 ) on Friday closed up +0.32 (+0.54%), and December RBOB gasoline (RBZ25 ) closed down -0.0253 ( ...

This announcement came just hours after a meeting between Hungarian Prime Minister Viktor Orban and US President Donald Trump ...

State-run refiners' profits surged 457% in Q2 despite a 40% drop in Russian crude imports. Earnings were driven by lower ...

The project has entered a new phase as officials finalise key contracts and push toward a 2026 investment decision.

Senate, yesterday, approved the interim report of its Ad-hoc Committee on Crude Oil Theft, which unearthed shocking discrepancies amounting to over $200 billion in unaccounted crude oil sales proceeds ...

Dangote Industries plans to expand crude oil processing capacity at DRPC's refining complex near Lagos by 750,000 b/d, and ...

State-owned major PetroChina plans to permanently shut 19 ageing refining and chemical units as part of Beijing's campaign to ...

India’s reliance on Russian oil has grown since 2022. Russia’s share of India’s total oil imports surged from just 1.7 per ...

State-run Hindustan Petroleum Corporation has significantly reduced imports of Russian crude oil on a quarter-on-quarter basis in Q2 FY26.

Canadian oil prices are surging due to robust demand from China, narrowed crude discounts, and increased efficiency from ...

The overnight attack on the facility in the Volga region caused explosions and a fire in the target area, Ukraine’s General Staff said in a statement on Telegram on Thursday. Bloomberg News couldn’t ...

BP's third-quarter profit exceeded expectations due to robust refining margins, despite declining crude prices. The oil giant ...