ISLAMABAD: For the second fortnight, the prices of major petroleum products — petrol and high-speed diesel (HSD) — are ...

The Independent Petroleum Marketers Association of Nigeria has said the commencement of direct sales of Dangote’s Premium ...

Nigeria expects a 30% increase in crude and condensate output by year end to attract investors This is as authorities ...

The U.S. Department of Energy said Friday that 200 million barrels of oil have been bought and delivered for the strategic ...

The Biden administration said on Friday it has bought its last batch of oil for the Strategic Petroleum Reserve after selling ...

Fossil fuel companies invited to the Cop28 climate talks are projected to produce more than 25 billion barrels of oil this decade, analysis shows. It comes amid a furious reaction from small ...

Glencore and Chandra Asri, gearing up to complete their takeover of Shell's landmark Singapore refinery, have set up a new ...

The US on Monday said it is seeking up to 3 million barrels of crude oil to fill up its Strategic Petroleum Reserve, ...

Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rose by 1.724 million barrels, according to API data, after rising ...

The Strategic Fuel Fund Association paid the National Treasury 2 billion rand ($114 million) in proceeds from the sale of oil inventories for the financial year through March, the Central Energy ...

The Biden administration has been releasing oil from the Strategic Petroleum Reserve to try to lower fuel prices. Releases are at a record pace of roughly 1 million barrels a day, bringing the ...