Malaysia is said to follow a “buy cheap, sell high” strategy in the global oil trade. But what exactly is bought cheaply and sold at higher prices? This article explains.

India's Reliance Industries involvement in landmark U.S. oil refinery project is likely intertwined in geopolitical ...

As the Strait of Hormuz remains largely blocked amid the US-Israel war on Iran, Saudi Arabia is redirecting crude through its ...

Despite being the world’s largest oil producer, the United States is facing rising gasoline prices as Middle East tensions ...

The Dangote Petroleum Refinery says the recent N100 increase in its petrol ex-depot price was driven by rising global crude ...

When oil infrastructure burns, the damage doesn't stop at the battlefield — here's what the science and history tell us.

Ever wondered what fuel large ships use to travel across oceans for weeks? Most commercial vessels rely on Heavy Fuel Oil ...

Energy experts in Nigeria’s downstream petroleum sector have firmly backed the Dangote Refinery’s N995 per litre gantry price ...

The Dangote Petroleum Refinery has accused Nigerian upstream oil producers of failing to supply crude oil to the facility as required under the country’s petroleum law, forcing ...

Dangote Refinery has reduced petrol price by N100 and cut diesel to N1,430, offering potential relief to marketers and consumers struggling with high cost.

Oil marketing companies (OMCs) have accused bulk fuel distributors of raising fuel prices prematurely, warning that the ongoing conflict in the Middle East should not yet be affecting the cost of ...

Bahrain’s state oil company, BAPCO, has declared force majeure for its shipments after an Iranian attack on its major refinery caused a massive fire.