News

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Petroleum futures were trading higher ahead of midday Tuesday, led by gains in refined product contracts. Gasoline futures were up by about 1.4% at about 11:15 a.m. ET. The NYMEX August RBOB contract ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.
Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...
Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...
The weekly rig count from Baker Hughes drops by seven oil rigs and one gas rig to the lowest U.S. tally in nearly four years. The breakout for horizontal drilling is down a whopping sixteen rigs.
Petroleum marketers warn that declining crude oil prices may lead to a petrol price drop, with a new pricing structure ...
U.S. crude oil inventories posted a fifth straight weekly decline, falling by 5.8 million barrels, compared to expectations ...
The Executive Director of the Centre for Environmental Management and Sustainable Energy (CEMSE), Ben Nsiah, has raised ...