Several modular refiners are still awaiting their first crude oil supplies despite the Nigerian National Petroleum Company ...

MPCL informed PSX that new hydrocarbon reserves have been found in the Spin Wam-1 well, located in Khyber Pakhtunkhwa ...

Goldman Sachs Group Inc. joined fellow banks Monday in cutting oil price forecasts as Wall Street increasingly sees a home ...

As talks are underway for the bilateral trade agreement, energy imports, both oil and gas, from the US would play a key part ...

The Dangote Petroleum Refinery is nearing full production capacity and in need of crude oil and has begin discussing with the ...

U.S. crude oil inventories increased by 1.4 million barrels, with an increase in production and net imports, while gasoline ...

Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...

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The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.455 million ...

U.S. crude oil inventories rose by 3.6 million barrels last week, which was more than expected, resuming an upward trend ...

Oil prices have fallen to their lowest level in six months, with Brent crude, the international standard, dropping below $70 ...