Oil prices edged higher on Thursday as investors remained cautious about the Iran-Israel ceasefire and shifted their ...

Crude oil is found naturally underground. After being extracted, it is refined into different fuels such as petrol, diesel, ...

The Cuban regime has declared that it reached a milestone of extracting one million tons of crude oil in 2025, despite the ...

India has the largest oil refinery in the world. The Jamnagar Refinery, located in Jamnagar, Gujarat, is the largest oil ...

Once extracted, the crude oil undergoes distillation in a refinery, a process where it is heated to separate the oil into various components based on their boiling points.

Oil slipped as President Donald Trump pushed for lower prices and fears faded that the conflict with Iran would immediately ...

Senator Solomon Adeola (Ogun West) has assured extraction of crude oil will also begin at Tongeji Island, located in Ipokia Local Government Area of Ogun State.

Crude oil extraction has declined by 6.8 percent from 866.30 barrel in fiscal year 2024 to 807.30 barrel in first nine months of 2024-25. Crude oil imports, however, registered a slight decline.