Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...

The American Petroleum Institute reportedly shows a surprise build of 7.1M barrels of oil in U.S. commercial stockpiles for the week ending July 4, after reporting draws in five of the previous six ...

Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

Dangote Petroleum Refinery, yesterday, slashed the depot price of Premium Motor Spirit, also known as petrol, to N820 per litre from N838 per litre as competition heightens in Nigeria’s domestic ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Petroleum futures were trading higher ahead of midday Tuesday, led by gains in refined product contracts. Gasoline futures were up by about 1.4% at about 11:15 a.m. ET. The NYMEX August RBOB contract ...

U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.

U.S. crude oil inventories posted a fifth straight weekly decline, falling by 5.8 million barrels, compared to expectations ...

Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...

The Executive Director of the Centre for Environmental Management and Sustainable Energy (CEMSE), Ben Nsiah, has raised ...