NNPCL has pledged 272,500 barrels per day of crude oil through a series of crude-for-loan deals totalling $8.86bn.

The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May 2025, the ...

The Nigerian National Petroleum Company Limited has pledged 272,500 barrels of crude oil per day through a series of ...

U.S. jet fuel demand has fully recovered to pre-COVID levels, averaging 1.852 million barrels per day, surpassing its July 2019 peak. Revised EIA data shows increases in gasoline and distillate ...

The purchases are part of an effort to replenish stockpiles after President Joe Biden ordered the largest ever sale from the reserve in 2022 of 180 million barrels in an effort to control fuel ...

The Nigerian National Petroleum Company Limited (NNPC) has so far supplied almost 50 million barrels of crude oil to Dangote ...

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

The purchases are part of an effort to replenish stockpiles after President Joe Biden ordered the largest ever sale from the reserve in 2022 of 180 million barrels in an effort to control fuel prices ...

A blockade of the Strait of Hormuz would be particularly alarming for India since it’s the route it uses to get oil from Iraq ...

Hopes that the new Dangote Petroleum Refinery would lead to cheaper fuel in Nigeria are dashed. But analysts say the ...