How oil emerged as a central sticking point in the Trump tariff talks
The market anxiety ahead of Donald Trump's tariffs deadline focused Friday on oil and gas after the president acknowledged ...
Trump Tariffs Could Hurt Oil Companies and Raise Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...
US oil production falls in November from record high in October
U.S. crude oil production fell by 122,000 barrels per day (bpd) in November to 13.314 million bpd, down from a monthly record ...
devdiscourse5h
Indian Oil Firms to See EBITDA Rise Amid Falling Brent Prices
Fitch Ratings projects a rise in EBITDA for Indian oil companies in 2025-26 as steady demand coincides with declining Brent ...
Vanguard3h
Low crude oil supply hinders Naira-for-Crude Scheme
There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and ...
Crude Oil Prices4d
Russian Crude Refining Surging After U.S. Sanctions
Russian refineries are processing more crude oil in the hope of boosting fuel exports after the Biden administration imposed ...
Collateral damage: Indian refiners feel the heat of fresh US sanctions on Russian oil
As Russian discounts on crude fall to below $5 per barrel, the gross refining margins of India's public sector oil marketing ...
businessday1d
NSCDC arrests four suspects for vandalism, crude oil theft in Abia State
The suspects were apprehended in Abia State for their involvement in crude oil theft, vandalism, and economic sabotage. A ...
Crude Oil Prices6d
Libya's Refining Capacity Set to Soar to 400,000 bpd
Libya plans to boost its oil refining capacity and production, while fellow OPEC member Kuwait also aims to significantly ...
Vanguard11d
Oil Import Licences: Court adjourns Dangote Refinery’s suit to Jan 30
By Ikechukwu Nnochiri ABUJA–The Federal High Court sitting in Abuja, on Monday, deferred further proceedings on the suit that ...
The Financial Express11d
India’s petroleum products exports up 2% in April-December
Africa emerged as the top destination for India’s petroleum exports in December, while shipments to traditional importers in ...
Indian Oil posts smaller-than-expected profit on lower margins, losses in LPG
Indian Oil Corp (IOC) , the country's top refiner, reported a smaller-than-expected third-quarter profit on Monday, hurt by lower marketing margins and losses in its liquefied petroleum gas (LPG) ...