U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

Oil isn’t just another financial market. It’s a physical commodity with its own idiosyncrasies, driven by the intricate dance ...

LAUNCESTON, Australia, Jan 18 (Reuters) - China boosted the volume of crude oil being stockpiled ... bpd in November and the highest flows to storage tanks since June last year.

Storage tanks play a critical role in ensuring a stable supply chain for crude oil, refined products, and natural gas, serving the upstream, midstream, and downstream sectors of the oil and gas ...

Shell has loaded the first crude cargo from Nigeria’s new onshore Otakikpo terminal, marking the start of exports from the $400m facility developed by marginal field operator Green Energy ...

The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil. A report by Africa Report has it that the refinery is ramping up its storage ...