Crude’s rally continued this week on the heels of the Biden administrations announcement of new sanctions against several ...

It noted that marketers buying between two million and 4.99 million litres would now buy at N955/litre, while five million litres and above would buy at N950/litre.

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian ...

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...

Retailers are also being impacted by the higher futures prices, with the national average rack-to-retail margin for gasoline at 31.7cts/gal, according to OPIS MarginPro data. While that is 1.8cts ...

Wood Mackenzie says that a 30% increase in upstream spending will be needed to meet stronger oil and gas demand under a ...

Oil futures were slightly lower early Friday, but on track for a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over ...

Oil rose in early Asian trade, as prices found support amid supply concerns, Naga.com said.

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...

TOKYO (Reuters) - Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply ...

At 412.7 million barrels, commercial crude stocks are at their lowest since 2022, EIA data show, with reductions in supplies "attributed to an increase in exports and a decrease in crude oil imports," ...

The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...