Reliance Industries has halted importing Russian crude oil for its export-only refinery from November 20. Exports from the ...

Crude oil stocks, not including the SPR, stood at 422.8 million barrels on October 17, the EIA's latest weekly petroleum status report showed. Image by Techa Tungateja via iStock U.S. commercial crude ...

The Dangote refinery is expected to start crude oil production soon, a report by S&P Global has said. Dangote’s upstream oil assets, Oil Mining Leases 71 and 72, are expected to start pumping oil ...

The U.S. Treasury's Office of Foreign Assets Control initially placed sanctions on Russia's oil sector on January 10 and gave Gazprom Neft 45 days to exit ownership of NIS. Sanctions had been ...

Dangote Industries plans to expand crude oil processing capacity at DRPC's refining complex near Lagos by 750,000 b/d, and has confirmed Nigeria’s federal government recently intervened to resolve ...

Bharat Petroleum, one of the largest refiners in India, has bought a cargo of Emirati Upper Zakum crude, as it seeks alternatives to Russian oil, Reuters has reported, citing unnamed sources. The ...

Oct 27 (Reuters) - Indian Oil Corp (IOC.NS), opens new tab, the country's top refiner, reported a multi-fold jump in second-quarter profit on Monday, boosted by stronger refining margins due to a ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large dip of 4 million barrels in the week ending October 24, when analysts had expected oil ...

Crude oil stocks, not including the SPR, stood at 421.2 million barrels on October 31, the EIA's latest weekly petroleum status report showed. U.S. commercial crude oil inventories, excluding those in ...

At 421.2 million bbl, US crude oil inventories are about 4% below the 5-year average for this time of year, the EIA report indicated. Nov. 5, 2025 2 min read US crude oil inventories for the week ...