NIGERIA’S decision to ban crude oil exports intended for local refineries is a bold step towards reducing its reliance on imported petroleum products. For this policy to succeed, several challenges ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

Canada, which sends nearly all its crude oil to the US, has little leverage as the US buys most of Ottawa’s products.

New US tariffs on imports from Canada and Mexico threaten to further weaken US refiners already facing declining margins.

Explore how Saudi Aramco's advanced oil production technologies are not only revolutionising the energy sector but also ...

At 12:10 p.m. ET, most-active April NYMEX West Texas Intermediate crude oil fell $1.60 to around $71.50/bbl, and front-month March WTI also slid $1.65 to $71.65/bbl. London-based ICE Brent crude for ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has praised the Federal Government for its decision to ban the exportation ...

There is likely to be much attention paid to the Canada/US trade relationship today. Lots of information has been shared ...