According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels ...

Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but ...

U.S. crude oil inventories rose by 244,000 barrels, for a fourth consecutive weekly climb, amid higher net imports, while ...

The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate ...

HOUSTON (Reuters) - Oil prices rose almost 1% in early trade on Wednesday, extending the prior day's gains as investors ...

U.S. crude oil refinery inputs averaged 15.9 million barrels per day (b/d) during the week ending April 18, 326,000 b/d less than the previous week's average, according to a weekly report issued by ...

Palm oil demand from top global buyers China and India is expected to increase as the vegetable oil is now reasonably priced ...

Despite an increase in domestic oil reserves, Pakistan relies on imports, too, to meet its demand. Last year, crude oil imports averaged about 137,000 barrels per day (bpd), with most of the ...

The Nigeria Upstream and Petroleum Regulatory Commission (NUPRC) has said that Nigeria’s crude oil and gas reserves have ...

The GCC also holds approximately 32.6% of the world's proven crude oil reserves, according to the Statistical Center of the Cooperation Council for the Arab States of the Gulf. Get top local ...