Petrol

BP’s Chief Economist has emphasized that OPEC’s capacity to significantly increase oil production is limited by current production constraints and…

The oil trade is a vital component of the global economy. It involves the buying and selling of crude oil…

Oil trading is one of the most dynamic and challenging forms of commodity trading. While the basic concept of buying…

The expansion of the Trans Mountain pipeline (TMX) was eagerly anticipated by U.S. West Coast refiners. The pipeline, which was…

Shares of Occidental Petroleum have fallen below $56, leading to speculation about whether Warren Buffett’s Berkshire Hathaway will intervene, as…

August 22 (Reuters) – Oil prices continued their decline for the fifth straight session on Thursday, driven by worries about…

Abuja — Heineken Lokpobiri, Nigeria’s State Minister of Oil, has asserted that the country’s daily crude oil production, including condensates,…

Crude oil prices increased today after the U.S. Energy Information Administration (EIA) reported a significant drop in oil inventories for…

Two decades ago, China introduced the “Angola model,” offering oil-backed loans to Angola and other African countries for infrastructure projects…

Crude oil inventories in the United States experienced a slight increase this week, rising by 347,000 barrels for the week…