Chevron’s push into Venezuelan heavy crude highlights a refining mismatch in U.S. energy markets, where complex refineries drive demand for heavy barrels.

Nigeria’s crude oil production rose to 1.459 million barrels per day (bpd) in January 2026, reinforcing its position as ...

New Delhi | Billionaire Mukesh Ambani's Reliance Industries Limited has received a US general licence to purchase Venezuelan crude oil directly, enabling India's largest private refiner to resume ...

The US EIA predicts global crude oil prices will decline through 2026 and 2027 due to increased production outpacing demand, ...

Chevron begins processing Venezuelan oil at Gulf Coast refinery following Maduro's capture, marking the company's first ...

The U.S.’s first $500 million sale of Venezuelan crude marks a reset in hemispheric relations as Latin America and the ...

Commercial crude oil stocks fell by 3.5 million barrels and were about 4% below the five-year average for the time of year, ...

The focus of this post is an overview of world oil production along with a more detailed review of the top 11 non-OPEC ...

Earlier, SaharaReporters’ review of crude oil production data published in OPEC’s monthly report showed that Nigeria struggled to consistently meet its production quota throughout 2025. According to ...

Crude oil prices jumped to four-month highs above $65 per barrel last week, driven by geopolitical tensions between the U.S. and Iran as well as significant production disruptions caused by severe ...

April 20 (Reuters) - Crude oil processing by Indian refiners rose 6.4% year-on-year in March to 5.28 million barrels per day (22.34 million tonnes), provisional government data showed on Wednesday, ...