Prices of gasoline and diesel products at domestic fuel stations are to drop NT$0.9 and NT$1.4 per liter respectively this week, after international crude oil prices sank to their lowest in more than ...

W ASHINGTON, 12th April, 2025 (WAM) – U.S. crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million barrels per day (b/d). Despite this new ...

The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate ...

AAA Texas spokesperson Daniel Armbruster said low oil prices and decreased gasoline demand are fueling the drop in prices at the pump. “Crude oil prices have dipped below $60 per barrel for the ...

Crude oil has lost about one-fifth of its value since Trump announced higher tariffs on a range of US trading partners on April 2, the biggest five-day drop since March 2022. Brent crude index ...

The oil price was also hit by the decision of the Organisation of Petroleum Exporting Countries (OPEC) and its allies to increase oil production by 411,000 barrels per day (bpd) in May, 2025 ...

Reliance, operator of the world's biggest refining complex at Jamnagar in Western Gujarat state, has two refineries at the complex with a combined capacity to process about 1.4 million bpd of crude ...

Officials say the amount of crude oil spilled, near Fort Ransom ... The release is confined to a field, south of the associated pump station. A small stream in the area has been isolated and ...

The price of WTI Crude oil is around $57.70, and Brent is at $60.69. Experts warn of further declines due to escalating trade tensions.(Photo: Bloomberg) Both benchmarks have tumbled over the five ...

Oil Prices Today: Oil prices dropped more than $1 a barrel on Tuesday, reaching their lowest level in four years. Investors are becoming more worried about the chances of a global recession as the ...

of crude oil to spill into a field near Fort Ransom on Tuesday, April 8, prompting a shutdown of the line. The spill occurred just south of a pump station near Fort Ransom, which is about 40 miles ...

and ultimately reduce pump prices. On March 10, TheCable reported that the NNPC had halted the naira-for-crude deal until 2030, as the government-owned company has forward-sold all its crude oil.