Fuel oil imports into the refinery hub on the U.S. Gulf Coast hit a record low in June as tighter global supplies prompted refiners to run more heavy, sour crude.

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

OPEC+ jolted markets by announcing it would flood the market with more oil.

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

Petrol prices in India currently stand at Rs 101 per litre amid continued volatility in global oil prices --- with many neighbouring countries selling fuel at significantly lower prices.

Saudi Aramco is raising crude prices globally next month despite OPEC+’s decision to significantly increase oil supply.

Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market ...

Nigerian elites and their international collaborators may have stolen over $25.7 billion crude oil in the past 23 years, ...

Outflow of foreign funds fuelled by uncertainties over US President Donald Trump's trade tariffs put further pressure on the ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...

Petrol and Diesel Prices on July 7, 2025: Oil marketing companies (OMCs) update petrol and diesel prices daily at 6 AM, ...

OPEC+ has agreed to hike oil production by 5.48 lakh barrels per day (bpd) in August. This is significantly higher than the 4 ...