Kazakhstan Redirects Kashagan Oil to China After CPC Export Terminal Damage Kazakhstan has begun rerouting part of its Kashagan oil ...

Global Oil Market Outlook for 2026: Rising Supply and Price Pressure Ahead As the global oil industry moves into 2026, ...

Oil Prices Show Mixed Movement Amid Shifting Supply and Demand in December 2025 Global oil markets experienced fluctuating price trends ...

IEA Projects a Large Global Oil Surplus in 2026 The International Energy Agency (IEA) forecasts a significant global oil surplus ...

World Bank Warns of Potential Supply and Demand Gap in Oil by 2026 The World Bank has issued a new ...

Nigeria Refinery Ramps Up Output Following New Fuel Import Duty A major Nigerian refinery has increased petrol and diesel production ...

PetroChina’s Yunnan Petrochemical Unit to Shut for Two-Month Overhaul Maintenance Shutdown: PetroChina announced that its Yunnan Petrochemical Company will undergo ...

Oil Retreats on Oversupply Worries Market Correction: Crude oil prices slipped as traders grew concerned that rising global supply and ...

Oil Settles Higher as Tight Fuel Markets Offset Crude Supply Concerns Market Dynamic: Crude oil prices closed higher as surging ...

India's HPCL, MRPL Buy 5 Million Barrels of U.S. and Mideast Oil Crude Procurement Shift: India’s state refiners Hindustan Petroleum ...

Saudi Aramco CEO Warns of Potential Global Oil Shortage Supply Concerns: Amin Nasser, CEO of Saudi Aramco, warned that the ...

Egypt Plans 480 New Oil Wells with US$5.7 Billion Investment Expansion Initiative: Egypt’s Ministry of Petroleum announced plans to drill ...