Can Nigeria become a competitive producer and supplier of petroleum products for both domestic and international markets? This question has become increasingly urgent as the country grapples with ...

Geopolitical events have a significant impact on crude prices, and India is at the receiving end because the country is the ...

Oil futures inched higher on Friday, as news of tighter U.S. sanctions on Iran and Russia had the potential to disrupt global crude supplies. For the week, however, U.S. and global crude prices still ...

Crude tankers have vacated product tanker trades — for now at least. During their fourth quarter earnings calls, stock listed ...

Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...

U.S. crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along.

President Trump in a social media post on Thursday threatened to impose 200% tariffs on alcohol from the European Union, one day after the EU said it planned to impose a 50% import tax on U.S. whiskey ...

LONDON (Reuters) - OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output ...

The inevitable happened when Abu Dhabi National Oil Company (Adnoc) chief executive Sultan Ahmed Al Jaber beseeched the ...

Russian oil exports edged lower in February following the imposition of the latest round of US sanctions, but widening price discounts curbed revenues, according to the International Energy Agency.

A tanker controlled by Greek owner Enesel is importing the first Algerian crude for Nigeria's giant Dangote refinery. Oil ...