This marks a continuation of the deflationary trend, with the decline largely driven by falling prices of food articles, ...

India's state processors have bought large volumes of non-Russian crude this week for prompt September-October delivery ...

The Court of Appeal in Abuja has ruled in favour of NNPC Limited, upholding the company’s appeal against a Federal High Court ...

President Bola Tinubu has ordered a review of deductions and revenue retention practices by major federal revenue-generating agencies in the ...

Hayfever sufferers have been urged to use Vaseline on their window frames this week as pollen levels rise across the UK. With ...

Energy Information Administration or EIA stated in a latest monthly update that Indias Petroleum and Other Liquid Fuels Consumption is expected to witness a steady increase in new few quarters. It ...

Still, Dubai is relatively stronger than Brent, keeping the price spread between the benchmarks - known as the Exchange of ...

The Nigerian National Petroleum Company Limited (NNPCL) has recorded a major legal victory after the Court of Appeal in Abuja set aside a Federal High Court judgment that reinstated Senator Ifeanyi ...

Oil prices climbed on Thursday as investors weighed what impact the U.S.-Russia summit on Ukraine on Friday might have on ...

Benin restarts Sèmè oilfield after 27-year shutdown Project led by Akrake Petroleum, production starts by end-2025 Output projected at 15,000 barrels per day initially Benin's campaign to reactivate ...

China's refining and petrochemical sector is facing "involution," a reference to brutal competition and falling profits, the ...

Phoenix Petroleum Philippines Inc. said Wednesday it is close to finalizing a debt restructuring program to improve its ...