India's crude oil imports are projected to reach a record high in the fiscal year ending March 31, 2025, due to increasing ...

Heavily subsidised fuels are being smuggled out of the country and sold abroad, helping sustain its rival political factions ...

Suezmax earnings in the Mediterranean have hit their highest level for over a year as more Kazakh oil was loaded in the Black ...

ShareBackground Since the signing into law of the Petroleum Industry Act (PIA) in 2021, the Niger Delta region has had some ...

Oil prices were steady on Friday and headed for a second consecutive weekly gain as fresh U.S. sanctions on Iran and the ...

Crude oil prices are set for another weekly gain, driven by new U.S. sanctions on Iran's energy industry and OPEC+ efforts to ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Oil prices were mixed but largely holding their ground, supported by geopolitical risks and supply concerns.

concerning its proposals for the drilling of oil wells and offshore production from the Sea Lion Field Northern Development Area, Phase 1 and 2. The Falkland Islands Government began a public ...

oil storage tanks already in place and oil fields allocated for the project, stakeholders in the region are raising awareness about risks tied with the developments. Leticia Mutaki, the Tanzania ...

Options and futures contracts allow you to exercise the right to buy a physical product, like a barrel of Brent crude oil. However, physical ownership of a commodity often comes with transport and ...