Oil Market News

Ghana could capture a larger share of landlocked neighbor Burkina Faso's refined products market with more-efficient logistics...

Crude oil futures were trending lower Thursday after the US Federal Reserve went ahead with a cautious 25 basis point...

Seplat Energy is targeting a 50% increase in production to 200,000 bpd by 2030 via a $3 billion investment and new wells drilled...

US gas inventories are fast approaching levels seen a year ago, after rising steadily since March, with.....

ExxonMobil's French subsidiary Esso is shutting an unspecified unit at its 240,000 bpd Gravenchon refinery ...

Crude oil benchmarks extended losses as markets continued to brace for excess barrels over the months ahead, while LSGO cracks firmed...

Refined product inventories in the ARA declined for the first time in two months this week as reduced Atlantic basin refining capacity started...

Italian demand for refined oil products fell back from its summer peak last month, dragged lower by a slump in transportation fuels and petrochemicals...

California's Division of Petroleum Market Oversight (DPMO) has warned local lawmakers of the potential ....

Freight rates on crude tankers maintained the firm September performance, underpinned by higher output from OPEC+ and long-haul demand...