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October WTI crude oil futures are trading at $86.31 late Thursday, up $4.82 or 5.91% for the week. The contract …

Nigeria’s Dangote Group has offered a 30% stake in a planned refinery in Kenya to East African nations, a senior …

Iranian crude oil cargoes readily available to Chinese buyers have nearly dried up following the reinstated U.S. blockade on Iran’s …

Crude oil imports into China are set to rise by about 1.2 million barrels per day in the final quarter …

Crude oil prices were on course to book a second consecutive weekly gain as the prospects of peace in the …

China is buying more Russian oil to replace missing Iranian barrels. The problem for India is that some of those …

Norway’s crude oil production averaged 1.776 million barrels per day in July, according to preliminary figures from the Norwegian Offshore …

Abu Dhabi National Oil Company (ADNOC) has just issued its ninth spot tender offering crude oil to buyers for October …

Brent Crude futures prices topped $93 per barrel early in the morning in Europe on Thursday, hitting a three-week high …

The reinstated U.S. blockade on Iranian oil exports is effectively preventing Tehran from exporting oil, making Iran’s oil volumes irrelevant …

Demand for tankers from Middle Eastern oil producers has pushed prices to an all-time high, the Financial Times reported today, …

Japan’s import bill reached an all-time high in July, driven by higher oil prices, to a total of $76.39 billion. …