Despite very strong refinery runs in August, China had 1 million barrels per day (bpd) of more crude available than processed at refineries, suggesting that the world’s top crude importer continues to ...

Crude oil stocks, not including the SPR, stood at 415.4 million barrels on September 9, the EIA's latest weekly petroleum status report showed. U.S. commercial crude oil inventories, excluding those ...

China will continue amassing crude oil in strategic and commercial reserves well into 2026, according to Frederic Lasserre, global head of research and analysis at commodity trading giant Gunvor.

Crude oil stocks, not including the SPR, stood at 424.6 million barrels on September 5, the EIA's latest weekly petroleum status report showed. Image by yamonstro via iStock U.S. commercial crude oil ...

SINGAPORE, Sept 11 (Reuters) - The global crude oil market is facing two long-term fundamental shifts that will change how cargoes flow around the world and how they are priced. The first factor is a ...

U.S. crude oil inventories rose for a second straight week as production increased and exports fell from the week before, according to data released Wednesday by the U.S. Energy Information ...

(RTTNews) - Crude oil fell sharply on Friday, as following the highly anticipated interest rate cut by the US Federal Reserve on Wednesday, traders dissected the Fed's message hinting at underlying ...

One trader loaded up on bets that Brent crude will fall below $50 a barrel by the end of year, wagering that growing supply will outweigh geopolitical risks from Ukraine to the Middle East. Put ...

The NUPRC report emphasises the broader economic significance of protecting oil infrastructure, with stakeholders optimistic that the progress will lead to increased production and revenue for Nigeria ...

HOUSTON, Sept 15 (Reuters) - Oil prices settled higher Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries and of U.S. President Donald Trump pressing NATO nations ...

When the crude oil that placed Nigeria among leading oil producing nations was first discovered in commercial quantity in Otuabagi, a suburb of Oloibiri community in Ogbia Local Government Area, ...