The latest weekly report by the Energy Information Administration showed crude-oil stocks climbed by about 3.5 million bbl for the week ended Friday. Distillate inventories slid almost 5 million bbl, ...

US President Donald Trump’s statements toward the Strategic Petroleum Reserve (SPR) are conflicting but also might be the ...

The Pakistani government is reportedly set to increase petrol and diesel prices due to rising global crude oil prices, ...

Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus ...

The president wants a lower oil price. The cartel can save face while complying with his wish. Javier Blas is a Bloomberg ...

Oil prices settled up on Tuesday, bouncing back from multi-week lows, after the White House reaffirmed U.S. President Donald ...

Trump said In his inaugural address that the US has "the largest amount of oil and gas of any country on Earth, and we are going to use it." ...

Nigeria’s oil industry stakeholders have held their first forum, aiming to foster collaboration, resolve policy conflicts in the petroleum sector.

The Chamber of Petroleum Consumers is projecting a 3% decline in petrol prices and a 1% decline in diesel prices at the pumps ...

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ONGC is also considering buying Tide Water Oil India Ltd, a lubricants maker, from state-owned Andrew Yule & Co. The company won’t say how much it is willing to pay for Spic Petro. “It is too early to ...