U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...
Crude oil futures pared previous gains after OPEC+ agreed Monday to maintain its policy of gradually raising oil production starting in April and removed the U.S. Energy Information Administration ...
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...
The US will not tolerate Iran’s destructive and destabilizing behavior and is today sanctioning an international network that ...
Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum ...
The Federal Government has prohibited the export of crude oil allocated to domestic refineries. This step is aiming to enhance local refining capacity, reduce reliance on imported petroleum ...
Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian ...