The President of the Dangote Group, Aliko Dangote, says his 650,000-barrel capacity refinery is “increasingly” relying on the United States for crude oil.This came as findings showed that the Dangote ...

* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...

The Nigerian Navy has arrested 76 vessels and at least 242 suspects in anti-oil theft operations, and destroyed more than 800 ...

LONDON (Reuters) -Iran is maintaining crude oil supply by loading tankers one at a time and moving floating oil storage much ...

Attacks prompt warning of harsh retaliation from Tehran, stoking concerns of wider regional conflict that could also impact ...

SINGAPORE (Reuters) -Oil prices were on track to rise for the third straight week despite slipping on Friday, with investors on edge as the week-old war between Israel and Iran showed no signs of ...