Crude oil stocks, not including the SPR, stood at 437.0 million barrels on March 14, according to the EIA's latest weekly ...

State-run Hindustan Petroleum is constructing an LPG cavern with a capacity of 80,000 tonnes that is expected to become ...

The Union government is expanding the country’s strategic petroleum reserves (SPR) to strengthen energy security and reduce dependence on imported cru.

In the past six months, the oil & gas index has underperformed the market by falling 18 per cent, as against a 9.5 per cent ...

West Texas Intermediate (WTI) Oil price holds ground for the third successive session, trading around $68.40 per barrel ...

OIL prices rose on Friday, and were set for second consecutive weekly gains, as fresh U.S. sanctions on Iran and a new plan ...

The discussion focused on the regulation of Trump’s “drill, baby, drill” agenda which aims to make America energy independent ...

The Iranian regime continues to fuel conflict in Middle East, pursue its nuclear program, and support its terrorist ...

-- West Texas Intermediate crude for May delivery CL.1 CLK25 climbed by 21 cents, or 0.3%, to settle at $68.28 a barrel on the New York Mercantile Exchange, with prices for the front month contract up ...

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

The number of oil rigs in the US decreased by one during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil dropped to 486, while gas ...

Nigeria is bracing for a significant hike in petrol prices, with projections indicating that the cost per liter could soar to ...