The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

The American Petroleum Institute reportedly shows a surprise build of 7.1M barrels of oil in U.S. commercial stockpiles for the week ending July 4.

Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...

This unexpected surge in crude inventories suggests a weaker demand for oil, a situation that is bearish for crude prices. The API’s inventory levels of US crude oil, gasoline, and distillates stocks ...

Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

Efforts of the Nigerian government to mandate upstream oil producers to allocate a portion of their output to domestic ...

Dangote Petroleum Refinery, yesterday, slashed the depot price of Premium Motor Spirit, also known as petrol, to N820 per litre from N838 per litre as competition heightens in Nigeria’s domestic ...

Nigeria’s crude oil production is set to receive a modest boost as indigenous oil firm Petralon Energy prepares to add 2,500 barrels ...