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 ...

Ukraine has targeted Russia's fossil fuel infrastructure as part of its strategy to undermine a key funding source for Russia ...

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 ...

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

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

HOUSTON (Reuters) -Oil prices settled lower on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the ...

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

KUWAIT, 17th January, 2025 (WAM) -- The price of Kuwaiti oil rose by US$2.30 to US$84.55 per barrel (pb) on Thursday, compared with US$82.25 pb the previous day, said the Kuwait Petroleum Corporation ...

Oil prices have surged to their highest levels since last July, raising concerns for consumers at the pump. Join Over a Barrel experts as they break down the complex factors driving this spike, from ...