Nigeria’s petrol imports have fallen to 110,000 bpd, the lowest since 2017, as Dangote refinery ramps up production.

(Reuters) -Shell reported a smaller fourth-quarter profit on Thursday, as the oil major took a hit from lower refining margins and lower liquefied natural gas (LNG) trading, and said it would buy back ...

Russian president Vladimir Putin has refused to directly engage with his counterpart Volodymyr Zelensky in any upcoming talks to end the war in Ukraine. At such a critical moment in US history, we ...

An overnight Ukrainian drone attack hit Russia’s Andreapol oil pumping station, part of the oil export route via the Baltic Sea port of Ust-Luga, causing a fire and oil products to leak, said a source ...

Addressing concerns over market sell-offs and FII outflows, Majethia remains optimistic about India’s macroeconomic outlook and advises investors on navigating mid and small-cap stocks in the current ...

Hours after being sworn in as the new U.S. Secretary of Transportation, Sean Duffy took aim at the main way the federal ...

Valero's Q3 results showed strong revenue but declining refining and renewable diesel segment profits, with shares down 1.2% ...

U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to data released Wednesday by the U.S. Energy Information ...

Believe it or not, Canada has a “nuclear option” of its own. U.S. financial markets were relieved the week following President Trump’s inauguration, with stocks rising and global crude oil benchmarks ...

Wall Street is bracing for a sharp decline in U.S. oil refiners' fourth-quarter profits as fuel demand softened, while ...

The Dangote Refinery is expecting about 12 million barrels of crude oil from the US as it moves to reach its 650,000 barrels ...

Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US ...