DUBAI (Reuters) - A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year ...

Top oil exporter Saudi Arabia is expected to slash crude prices for Asian buyers in January to the lowest in years, largely ...

The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has continued to surge across Nigeria despite the ...

The government has revoked the windfall tax on crude oil and fuel exports, responding to industry demands amid falling ...

Oil prices inched down amid mixed market signals on Tuesday, with traders awaiting the outcome of an OPEC+ meeting this week.

China's crude oil imports are on track to peak as soon as next year as transport fuel demand begins to decline for the ...

Emerging economies that produce oil, like Nigeria, Angola and Ecuador, need prices to be around $100 per barrel to balance ...

Oil rose in early Asian trade. Markets were in a “wait-and-watch mode” ahead of the OPEC+ meeting this week, ANZ Research said.

Futures tied to Canada's main stock index rose on Monday, boosted by oil prices, while investors look ahead to domestic jobs ...

China's independent oil refiners are shifting away from Iranian crude due to the anticipation of stricter sanctions under the ...

THE best scandals are those that start when someone, somewhere, decides to say something utterly shocking: the truth! A ...

Global oil prices ended little changed Monday, while U.S. prices posted a modest gain as upbeat manufacturing data from China ...