Indian refinery executives believe Donald Trump's threat of tariffs on Russia is a negotiation strategy. They anticipate minimal impact on global oil markets or India's Russian crude imports. Experts ...

Crude oil futures traded higher on Wednesday morning as the Organization of the Petroleum Exporting Countries (OPEC) ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply for the second week in a row, this time gaining an additional ...

Nigeria’s average daily crude production rose above the quota allocated to it by the Organisation of the Petroleum Exporting Countries in June 2025. For the second time in 2025, the country exceeded ...

Global oil inventories have swollen at a rapid clip in recent months, but given the bulk of the increase has been in the Asia ...

Seatrium has announced that it is delivering the Petrobras 78 (P-78), the first of a series of turnkey FPSOs, to ...

In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...

Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—fell by 980,000 barrels in the week after gaining a modest 100,000 ...

By recommending the use of oil benchmarks which reflect market fundamentals like ICE Midland WTI, the U.S. Energy Dominance ...

It’s the heart of the summer driving season, but gas prices are showing little movement, AAA Oregon/Idaho said Tuesday in its ...