In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...

Scottish MP Brian Leishman has said he cannot back policies that "make people poorer" after being suspended by Labour. The ...

The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of petrol at its retail stations, with ...

China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years outweighed a rise in refinery processing.

The EIA estimated U.S. crude oil production at 13.38 million barrels a day, down by 10,000 barrels a day. Crude imports rose by 366,000 barrels a day to 6.4 million barrels a day, and exports were up ...

Aliko Dangote, president of the Dangote Industries Limited (DIL), says Africa has become a dumping ground for substandard ...

THREE rebel MPs have been suspended from Labour by Keir Starmer for "repeated breaches of discipline". All three MPs have lost the whip after just a year in post, with the trio having voted against ...