Nigeria’s oil industry stakeholders have held their first forum, aiming to foster collaboration, resolve policy conflicts in the petroleum sector.

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

Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia's oil trade on ...

Geopolitics and the foreign and trade policy choices of the new U.S. administration will impact the world order and economy, and OPEC+ will have to carefully navigate through all these to remain a ...

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," ...

Oil futures traded modestly lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies, though the agreement has yet to take ...

Oil prices on the New York fuel exchange remain high due to concerns about threats to the global supply of this resource.

Harbour Energy's acquisition of DEA Wintershall boosts production and cash flow, offering a strategic investment opportunity ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

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

Crude oil prices continued to rally on Thursday as a drop in US stockpiles and a softer inflation buoyed sentiments in the ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...