The Trump administration's decision to impose hefty tariffs on North African oil producers Libya and Algeria will only have a limited impact, because energy exports to the U.S. are exempted, says ...

Africa’s oil refining industry has long struggled to keep pace with the continent’s vast crude oil production. For decades, many African nations exported crude oil while importing refined petroleum ...

Oil has long been one of Africa’s most powerful economic assets. In Africa, Libya holds the largest proven oil reserves, estimated at 48.4 billion barrels, ranking ninth globally, according to the ...

LONDON, March 30 (Reuters) - The European and African oil market is showing more signs of tightness with some crude differentials hitting record highs as peak summer ‌demand nears and Asia seeks ...