Federal officials have sanctioned a Chinese oil refinery, as well as an oil storage facility and their owners to cut off ...

The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports, including what the State Department said were ...

Crude oil futures rise as US sanctions Iran, OPEC+ cuts output; natural gas, turmeric, jeera futures also traded.

Seven vessels carrying imported petrol are expected to berth at seaports along the nation’s borders between Monday, March 17, ...

Crude oil stocks, not including the SPR, stood at 437.0 million barrels on March 14, according to the EIA's latest weekly ...

The US has imposed new sanctions on Iran’s oil trade, targeting a Chinese refinery for purchasing and processing Iranian ...

The Dangote Petroleum Refinery has temporarily ceased selling petroleum products in naira as the naira-for-crude negotiations ...

Oil prices rose slightly on Monday after the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned ...

India's crude oil imports are projected to reach a record high in the fiscal year ending March 31, 2025, due to increasing ...

Dangote Refinery has suspended the sale of its petroleum products in naira, explaining that the decision was necessary to ...

Commercial crude oil stocks excluding the Strategic Petroleum Reserve rose by 1.7 million barrels to 437 million barrels in the week ended March 14 and were about 5% below the five-year average for ...

In addition to the refinery and its CEO, OFAC is imposing sanctions on 19 entities and vessels for shipping millions of ...