US Crude and Fuel Stocks Fall, EIA Says

(Reuters) – HOUSTON, Feb 19 – U.S. crude, gasoline and distillate inventories fell last week, the Energy Information Administration said on Thursday. Crude inventories fell by 9 million barrels to…

India Considers Boosting Imports of U.S. Oil and Coal

India should increase the amount of crude oil and coking coal it imports from the United States as a way to diversify its supply under the interim trade deal between…

Nigeria to Channel All Oil Proceeds to Boost Federal Finances

Nigeria is now channeling all proceeds from oil and gas production to a single federal account as it aims to strengthen the central government budget and ensure a more effective…

Spain’s Repsol Reveals Massive $5.4 Billion Debt From Venezuela

Repsol has nearly $5.4 billion in receivables to collect from Venezuela, the Spanish group said in its annual 2025 report on Thursday.  Venezuela owes Repsol 4.55 billion euros, or $5.36…

Turkey Opposes Greece-Chevron Exploration Deal Offshore Crete

Turkey on Thursday slammed Greece’s “unilateral activities” in signing lease agreements with a Chevron-led consortium for exploration offshore southern Crete.   “Greece’s unilateral activities with international companies in hydrocarbon fields south…