Malaysia is said to follow a “buy cheap, sell high” strategy in the global oil trade. But what exactly is bought cheaply and sold at higher prices? This article explains.

India's Reliance Industries involvement in landmark U.S. oil refinery project is likely intertwined in geopolitical ...

The Dangote Refinery has restored the ex-depot price of Premium Motor Spirit (petrol) to N1,175 per litre, prompting depot ...

America First Refining is developing the facility which will be designed to process light shale oil.

The Dangote Petroleum Refinery says the recent N100 increase in its petrol ex-depot price was driven by rising global crude ...

Despite being the world’s largest oil producer, the United States is facing rising gasoline prices as Middle East tensions ...

Energy experts in Nigeria’s downstream petroleum sector have firmly backed the Dangote Refinery’s N995 per litre gantry price ...

The Dangote Petroleum Refinery has accused Nigerian upstream oil producers of failing to supply crude oil to the facility as required under the country’s petroleum law, forcing ...

Despite its status as Africa’s largest crude oil producer, Nigeria imported crude oil worth a staggering N5.734tn between January and December 2025 as domestic refineries grappled with persistent ...

Dangote Refinery has reduced petrol price by N100 and cut diesel to N1,430, offering potential relief to marketers and consumers struggling with high cost.

Bahrain’s state oil company, BAPCO, has declared force majeure for its shipments after an Iranian attack on its major refinery caused a massive fire.