Crude oil transport from FPSOs moves stabilized crude from offshore storage to market via shuttle tankers or pipelines, linking offshore production to midstream logistics and refining. II.2.1 ...

Crude oil storage and transportation bridge production with refining and export, preserving quality, ensuring custody-transfer accuracy, and moving volumes safely, reliably, and cost-effectively from ...

Crude futures recovered much of Friday’s losses as the weekend meeting of President Trump and Ukraine’s Zelensky left some key points to be settled.

Nigeria is closing the year with optimism around its upstream oil sector as a new licensing bid round raises expectations of ...

Over 1.2 billion barrels of crude and condensate are currently in transit on tankers, reaching multi-year highs due to increased global supply and longer shipping routes. The surge in oil supply is ...

LAUNCESTON, Australia, June 17 (Reuters) - China is continuing to build up crude oil stockpiles as it refines substantially less than what it has available from imports and domestic production. This ...

November WTI crude oil (CLX25) on Monday closed up +0.81 (+1.33%), and November RBOB gasoline (RBX25) closed up +0.0411 (+2.21%). Crude oil and gasoline prices moved higher on Monday after OPEC+ ...

In its latest Short-Term Energy Outlook, released yesterday, the EIA said output would decline by 50k b/d year on year in 2026 to 13.37m b/d. This would be the first annual decline in US output since ...

Seeks sustained budgetary support for local refining, modular refineriesTHE Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has expressed optimism over the daily crude oil ...