China's crude oil imports from Russia hit a record high in 2024, while imports from Saudi Arabia declined, reflecting a shift in China's sourcing strategy amid geopolitical tensions and sanctions.

The Indian rupee appreciated 5 paise to close at 86.55 (provisional) against the US dollar on Monday, as an overnight decline in crude oil prices and the US dollar index supported investor sentiments.

Dangote Petroleum Refinery has clarified that the recent adjust­ment in the price of Premium Motor Spirit (PMS), otherwise known as petrol, was in direct re­lation to the significant increase in ...

Dangote Petroleum Refinery has distanced itself from allegations of arbitrarily increasing petrol pump prices.The refinery attributed the recent adjustment in the ex-depot price of Premium Motor ...

SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than ...