Indian oil marketing companies are experiencing significant profits due to falling crude oil prices, but consumers have yet to see a substantial reduction in petrol and diesel prices. Despite the ...

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Naira-for-crude deal begins Tuesday as Nigerians await reduced fuel prices

The Nigerian government has confirmed that it will begin the supply of crude in Naira by the Nigerian National Petroleum Company Limited to the Dangote ...

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Ex-Gunvor Oil Executive Faces Swiss Trial Over Congo Bribes

A former executive at Gunvor Group stands trial for bribery on Monday, throwing the spotlight on one of Geneva’s biggest oil-trading firms and Switzerland’s controversial light-touch regulation of ...

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Crude Oil Weekly Forecast - 29/09: Nervous Buying Fades

After starting this past week of trading with anxious buying and creating a high of nearly 72.380, WTI Crude Oil saw a shift in sentiment and a retur ...

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India to boost crude oil refining capacity by 35-40 MT by Fiscal 2030: Crisil Ratings

India’s oil marketing companies (OMCs) are expected to increase the country’s crude oil refining capacity by 35-40 million tonnes (MT) by the end of fiscal 2030, the Crisil Ratings said. This will ...

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