Brent futures were trading about 10% higher near $80 a barrel, while diesel futures — the engine of the global economy — ...

The refined petroleum products market presents opportunities driven by increasing transportation fuel demands, refining ...

The project, expanding capacity from 3 to 9 MMTPA, is 85% complete and expected to finish by December 2026. This expansion ...

Energy experts warn that petrol and diesel prices in Nigeria could rise if crude oil exceeds $90 per barrel, as a result of the war between Iran and the US/Israel.

Explosions have been heard in multiple Gulf cities including Dubai, Abu Dhabi and Doha, while Israel and Hezbollah are trading blows as the war with Iran widens. Follow for live coverage.

Nigeria’s modular refineries supplied an average of 2.37 per cent of the country’s diesel demand over the three months spanning November 2025 to January 2026, according to data compiled from the ...

US commercial crude inventories increased to 435.8 million, remaining slightly below the 5-year average, while refinery ...

We have agreed an offtake framework to supply up to 65 million litres daily for the domestic market,” Dangote said. “Any ...

VADODRA: As part of the ongoing media tour organised by the Press Information Bureau, Jammu led by Director Ms. Neha Jalali, the visiting media delegation toured the Indian Oil Corporation Limited ...

Bloomberg's sources familiar with the matter said Aramco has suspended operations at the Ras Tanura facility following the incident.

Crude oil inventories in the United States increased by 16 million barrels during the week ending February 20, according to new data from the U.S. Energy Information Administration (EIA) released on W ...