Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

The banana peel rotting in your trash right now just might save the planet, if we can just find a way to turn it into jet fuel on the cheap.

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

The Nigerian National Petroleum Company Limited said the state-owned oil firm would continue to supply crude oil to Dangote Refinery on a commercially ...

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...

The International Energy Agency has hiked its forecasts for global oil supply this year and next, while noting that 2025 ...

Limited has hinted that it may sell off the nation’s ageing refineries, as efforts to revamp them have become more complex ...

ULSD futures were seeing strong gains following two days of declines that saw contracts cut by nearly 6cts/gal. The August ULSD contract was ahead 5.46cts to $2.4381/gal, a gain of about 2.3%. The ...

The Department of Interior (DOI) is proposing to reopen up to 82%of the 23-million-acre National Petroleum Reserve in Alaska ...

Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...