The International Energy Agency (IEA) has warned that the latest US sanctions on Russia could significantly complicate its ...

Marketers have begun quoting new prices as the loading cost of Premium Motor Spirit (petrol) and other refined petroleum ...

Oil closed the previous three weeks higher and is rising at the start of the new week, driven by various bullish factors. Most of them are temporary, but they are altering the long-term technical ...

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.

Bloomberg reported on Monday that three tankers carrying Russian crude oil—two million barrels of oil — are stranded off the ...

Asia-Pacific markets delivered a mixed performance on Friday, as investors digested encouraging economic data from China.

Markets in the Asia-Pacific region showed mixed performances on Wednesday as investors assessed softer-than-expected US ...

Oil prices eased somewhat on Tuesday, but stayed near multi-month highs as risks to supply remained. Brent crude oil prices ...

Oil prices fell on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and investors weighed strong U.S. retail data.

Crude oil futures rise on supply concerns and winter demand, while focus turns to how the incoming Trump Administration will ...

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

Classification 08:15 quote rise/fall ------------------------------------------- Feb NYMEX Oil Future 78.91 +0.23 ------------------------------------------- (post-closing) Classification Pervious ...