OIL prices closed lower on Friday (Jan 17) but strengthened for a fourth-consecutive week, as the latest US sanctions on Russian energy trade added to worries about oil supply disruptions. Read more ...

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over President-elect ...

The volatility seen in oil prices in the new year has a lot to do with Donald Trump — and he doesn’t even officially become the president of the United States until Monday.

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 ...

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

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

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

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

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