Dangote Petroleum Refinery has announced a fresh reduction in the price of Premium Motor Spirit (PMS), bringing the new rate down to ₦820 per litre from ₦840.This latest ₦20 cut follows a previous ...

Oil prices edged slightly lower on Wednesday after rising to two-week highs in the previous session, as investors were ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

The truck caught fire at a crude oil facility in Kurten on Monday, triggering a widespread emergency response from Brazos ...

Steel barrels have a range of applications within sectors such as perishable goods, pharmaceuticals and petrochemicals, but ...

In the second quarter, the commodity markets experienced a significant uptick in volatility, marking the most turbulent period in three years for the Bloomberg Commodity Index (BCOM).

Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...

The American Petroleum Institute reportedly shows a surprise build of 7.1M barrels of oil in U.S. commercial stockpiles for the week ending July 4.

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...

World shares are mostly higher, with financial markets shrugging off U.S. tariff pressures on its trading partners.

Refinery-capacity use is seen down by 0.3 of a percentage point to 94.6%. Forecasts range from a 1.5-percentage-point decline to a 0.4-percentage-point rise. One analyst didn't forecast refinery runs.