Oil futures were slightly lower early Friday, but on track for a fourth straight week of gains after wider sanctions against ...

British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor roles to reduce costs. The move is part of a “multi-year programme to ...

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

The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as ...

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

Kuwait: The price of Kuwaiti oil rose by S$2.30 to $84.55 per barrel (pb) on Thursday, compared with $82.25 pb the previous ...

Oil prices rose on Friday, on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy ...

Russia's seaborne oil product exports fell by 9.1% to 113.7 million metric tons last year as the country's oil refineries ...

Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.

South African motorists are ending the week with bad news for fuel prices – with recoveries coming under even more pressure ...

Rio Tinto and Glencore reportedly discussed a potential merger, but talks stalled likely due to Glencore's thermal coal ...

Although the latest international developments look like bad news for South African prices, the Reserve Bank can still cut ...