Ever wondered how thick, dark crude oil is transformed into the clear, powerful petrol you use every day? Step inside ...

Crude oil prices have declined sharply this month, touching a four-year low at one point. Trading volumes in crude futures may be lower than usual in Monday’s session, with some countries ...

The Federal Government recently announced that the naira-for-crude policy, which was halted during Kyari's latter days as NPPCL GCEO, is still in effect. President Bola Tinubu (L) and new NNPCL ...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the recent drop in global crude oil prices has sparked hopes of a corresponding reduction in petrol prices in ...

This development follows concerns that crude oil output could be disrupted by the unrest and disapproval trailing the appointment of a sole administrator in Rivers State, Vice Admiral Ibok Ete Ibas.

Saudi Arabia's crude oil exports to China are set to increase in May due to a price cut by Saudi Aramco. Aramco will deliver 48 million barrels of oil to Chinese refiners in May, up from 35.5 ...

“A general risk-off environment led to positions being reduced by money-managers in particular, who had added 172 million barrels to their crude oil longs in the three weeks before the tariff ...

Experts and industry stakeholders foresee a stable, affordable and competitive pricing of petrol with the return of the naira-for-crude policy. The sale of crude in naira to local refineries ...

U.S. crude oil inventories rose for a second consecutive week amid an increase in net imports, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude ...

The expansion project will create additional value through a state-of-the-art petrochemical unit ... Both Aramco and Sinopec aim to diversify the use of crude oil into the production of ...

The price of WTI Crude oil is around $57.70, and Brent is at $60.69. Experts warn of further declines due to escalating trade tensions.(Photo: Bloomberg) Both benchmarks have tumbled over the five ...

BISMARCK — A malfunction in the Keystone pipeline system caused an estimated 3,500 barrels, or about 147,000 gallons, of crude oil to spill into a field near Fort Ransom on Tuesday, April 8 ...