Crude oil futures posted gains for the week, helped by concerns over supply disruptions following the latest U.S. sanctions on Russia and strong winter demand for heating fuels, but fell Friday ahead ...

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.

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

Front Month ICE Brent Crude for March delivery gained $1.03 per barrel, or 1.29% to $80.79 this week --Largest four week net and percentage gain since the week ending April 5, 2024 ...

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 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 ...

Front Month ICE Brent Crude for March delivery lost 74 cents per barrel, or 0.90% to $81.29 today --Off 10.84% from its 52-week high of $91.17 hit Friday, April 5, 2024 --Up 17.49% from its 52-week ...

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

Oil prices eased on Thursday, reversing some of its earlier gains, as traders continue to assess the uncertainty around Russian oil supply, while gold extended ...