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.
The recent Israeli fuel depot strikes in Iran have dismayed Washington. U.S Senator Lindsey Graham expressed his concerns ...
As the Strait of Hormuz remains largely blocked amid the US-Israel war on Iran, Saudi Arabia is redirecting crude through its ...
Despite being the world’s largest oil producer, the United States is facing rising gasoline prices as Middle East tensions ...
When oil infrastructure burns, the damage doesn't stop at the battlefield — here's what the science and history tell us.
The Dangote Petroleum Refinery says the recent N100 increase in its petrol ex-depot price was driven by rising global crude ...
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.
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 ...
Saudi Arabia has shut down operations at the Ras Tanura oil refinery after it was struck by Iranian Shahed-136 drones. The ...
The national contract covering roughly 30,000 oil refinery workers across the United States expires at midnight Sunday morning. These workers account for approximately two-thirds of total US refining ...
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