Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...

Oil prices have staged a decent recovery as the day has progressed following renewed demand concerns to start the week. Click ...

China's imports of crude oil from Russia fell 12.9% in April from a year earlier, coming in at 8.07 million metric tons or ...

Saudi Arabia’s direct crude burn for power generation is expected to increase this summer, potentially helping to offset concerns over a growing global oil glut.

Oil prices drop due to Moody's downgrade of the U.S. credit rating and rising concerns about economic stability and global ...

The crude oil market continues to see a lot of noise at the moment, as we are trying to build up some kind of basing pattern. With this, I am a buyer of dips, but I also think it won’t be easy for ...

WTI and Brent crude rise on Iran tensions, but gains stall below resistance; natural gas plunges on weak demand and bearish ...

Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting ...

U.S. crude oil futures climbed more than $1 a barrel on Tuesday as the White House announced Saudi Arabia's plans to invest ...

"This is because the still high crude Oil imports in April were accompanied by rather weak crude Oil processing: It fell last month to 58 million tons or 14.1 million barrels per day, which was ...

A fresh crude oil spill has wreaked havoc on the Oshika community in Ahoada West Local Government Area of Rivers State, ...

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