India experienced an 18.4% increase in petroleum product imports in June 2025, even as the total oil and gas import bill decreased to $10 billion. The article delves into the details of crude oil ...

Supplies of liquefied petroleum gas (LPG) from Russia to China this year may increase by 66.7% to 750 thousand tons in 2025 against 450 thousand tons in 2024. This is stated in the Argus presentation, ...

Nigeria has achieved its crude oil production target for the second time in 2025, reaching a daily output of 1,505,474 barrels in June, PM News has learnt.This figure, released by the Nigerian ...

In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...

U.S. crude oil inventories fell last week amid a rise in exports, reversing some of the large stock builds seen the previous two weeks, according to data.

In 1940, as the threat of German invasion loomed large, Britain faced a dire shortage of conventional defenses and was forced ...

Dan O’Brien, a senior modeling analyst at the climate policy think tank Energy Innovation, said the bill will increase ...

Indonesia is leveraging a potential $10 billion oil and fuel import deal to pressure the U.S. into lowering steep tariffs on ...

Energy Outlook 2025 (AEO2025), the U.S. Energy Information Administration (EIA) projects that U.S. production growth of crude oil and natural gas will remain relatively high through 2030 due to ...

The Independent Petroleum Marketers Association (IPMAN) has said that the fall in prices of petroleum products in Nigeria reflects the reduction of crude prices at the international market. In an ...

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...