OIL prices closed lower on Friday (Jan 17) but strengthened for a fourth-consecutive week, as the latest US sanctions on Russian energy trade added to worries about oil supply disruptions. Read more ...

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over President-elect ...

The volatility seen in oil prices in the new year has a lot to do with Donald Trump — and he doesn’t even officially become the president of the United States until Monday.

The US rig count continues to fall, with the number of oil and gas rigs deployed declining amid rising oil prices ...

Dangote said the price adjustment represents a 6.17% increase, or N55.5 per litre, compared to the discounted rate of N899.50 ...

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

Deloitte ’s report forecasts oil prices to remain around $70 per barrel in 2025, with some market backwardation indicating potential softening towards year-end. The sector’s ability to navigate policy ...

Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S.

A more aggressive approach to Russian sanctions could involve stricter enforcement of secondary measures, targeting European ...

Dangote Petroleum Refinery has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, citing rising ...

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

The incoming US administration is considering good-faith measures to ease sanctions if things move forward. Or, if not, then ...