Stocks of oil at Cushing fell by 2.5 million barrels last week to about 20 million barrels, the lowest since October 2014.

The Dangote Petroleum Refinery is increasing its crude oil storage capacity by 1 billion litres, equivalent to approximately ...

The construction of eight additional tanks will increase crude storage capacity at the $20 billion Dangote Petroleum Refinery ...

Mangalore Refinery and Petrochemicals Ltd has entered into an agreement to store its crude oil in the caverns of the Indian ...

Under the agreement, MRPL will lease storage at ISPRL’s facilities, reducing capital expenditure while improving operational ...

Iran is seeking to reclaim approximately 25 million barrels of its oil, valued at $1.75bn (IR73.65trn), which have been held ...

Ukraine's defence forces have struck the Kombinat Kristal oil storage facility in the city of Engels in Russia's Saratov ...

The Dangote Petroleum Refinery is building eight new storage tanks with a combined capacity to hold 6.3 million barrels of ...

Crude oil futures rise on Chinese stimulus hopes and weather demand, while concerns over Iranian supply disruptions support ...

Mangalore Refinery and Petrochemicals Limited (MRPL) on Monday signed an agreement with Indian Strategic Petroleum Reserves ...