Where does a giant refinery in Nigeria, Africa’s largest oil producer, go to source the raw materials it needs to make fuels ...

West Texas Intermediate (WTI), futures on NYMEX, trades sideways around $62.20 during European trading hours on Friday. The ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.80 during the Asian trading hours on Tuesday ...

The Dangote refinery, the largest crude processing facility in Africa, has been importing significant quantities of U.S.

Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Texas oil and gas drilling permits hit a three-year low as operators cut spending and drilling plans in response to falling ...

Nigeria, Africa’s leading producer of crude oil, has increased its imports of U.S. WTI crude due to the Dangote Oil ...

The West Texas Intermediate for July delivery gained 1.21 U.S. dollars, or 1.91 percent, to settle at 64.58 dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery ...

An estimated 350,000 b/d of Canadian oil production has been shut in by wildfires in Alberta near the province's border with Saskatchewan. According to local press reports, Cenovus Energy, MEG Energy ...

Oil prices surged Monday over renewed concerns about Russia's war in Ukraine and relief over OPEC+ production, while stock ...