The Dangote Refinery has reportedly lost about N32.5 billion as it lowered petrol prices twice in February, leading to ...

Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global ...

The Minister of State Petroleum Resources said domestic refineries will help reduce the price of refined petrol and the ...

The crude oil markets continue to see a lot of action at a massive support level, but at this point in time, we don’t see the necessary momentum to get the market rallying significantly.

Crude oil prices hold steady as supply tightness supports the market, but economic fears and trade risks keep upside momentum ...

After another tax freeze on fuel in the original budget, economists say Treasury is likely to sing a very different tune this ...

Saudi Arabia is set to significantly reduce crude oil shipments to China in April due to planned refinery maintenance, ...

In an exclusive interview with TUKO.co.ke, Petroleum Outlet Association of Kenya (POAK) chairman Martin Chomba noted that ...

IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.

According to report, the Dangote Refinery and Petrochemical Company is purchasing crude oil from outside vendors as it ...

Donald Trump's return to the White House caused "animal spirits" to soar in the oil and gas sector, and these vibes were ...