Crude oil stockpiles across the country continued to plunge this week, as the U.S. tapped backup supplies of energy products to help keep gas prices down.

Key Takeaways ・The disruption in the Strait of Hormuz highlighted the energy security risks facing oil-importing nations, prompting several countries to accelerate plans for larger strategic and ...

India is expanding its strategic petroleum reserves through a new ONGC-led storage project while pursuing additional capacity ...

It was only a matter of time, really. With demand decimated by the coronavirus and Saudi Arabia on the oil warpath, the imbalance between oil supply and demand deepened dramatically, raising the ...

Rome: Saudi Arabia laid out a new strategy in Rome to strengthen global supply chains and build a broader partnership model with Europe, seeking to move beyond current geopolitical pressures and ...

SINGAPORE, April 11 (Reuters) - Malaysia's biggest commercial oil storage facility will start operations on Saturday when it receives its first fuel shipment, expanding Southeast Asia's share in the ...

According to Folorunsho, personnel acted on credible intelligence and conducted an operation around the Bethel Community axis ...

By Kingsley Omonobi The Nigerian Navy has intensified its crackdown on crude oil theft under Operation Delta Sentinel, ...