The US rig count continues to fall, with the number of oil and gas rigs deployed declining amid rising oil prices ...

Dangote said the price adjustment represents a 6.17% increase, or N55.5 per litre, compared to the discounted rate of N899.50 ...

Oil futures traded a bit lower on Friday, but were on track for a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over ...

Wood Mackenzie says that a 30% increase in upstream spending will be needed to meet stronger oil and gas demand under a ...

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

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 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 ...

Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...

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 ...

It's possible Russia's dark fleet will re-emerge in other forms, with new owners or greater use of ship-to-ship transfers. It ...