The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large draw of 4.8 ...

Guyana’s extraordinary oil-driven rise from poverty to one of the world’s wealthiest nations has delivered unprecedented ...

Iraq’s SOMO revealed on Monday that crude oil exports to Jordan surpassed two million barrels during the first 10 months of ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The Trump White House confirms efforts to restore the nation's emergency oil reserve following its depletion during the ...

Parliamentary panel urges India to diversify crude oil sources to mitigate geopolitical risks and enhance energy security.

U.S. crude oil inventories fell by 1.8 million barrels last week and were about 4% below the five-year average for the time ...

Uganda’s long-awaited first oil revenues may not materialise in 2026 as widely expected but could instead arrive in 2027, the executive director of the Petroleum Authority of Uganda (PAU), Ernest ...

Despite a government mandate and parliamentary push, foreign oil suppliers are hesitant to accept Indian rupees (INR) for ...

Aliko Dangote, the chairman of the Dangote Industries Limited (DIL), has accused the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of issuing licences for the importation of ...

The Nigeria National Petroleum Corporation Limited (NNPCL) has taken its plans to meet the FG 2026 crude oil target to ...

India imports nearly 89 percent of its crude oil. A parliamentary committee highlights this dependence and rising ...