Where does a giant refinery in Nigeria, Africa’s largest oil producer, go to source the raw materials it needs to make fuels ...

West Texas Intermediate (WTI) Oil price remains steady after registering more than 3.50% gains, trading around $62.50 during ...

West Texas Intermediate (WTI), futures on NYMEX, trades sideways around $62.20 during European trading hours on Friday. The Oil price consolidates as investors await the United States (US) Nonfarm ...

Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...

Texas oil and gas drilling permits hit a three-year low as operators cut spending and drilling plans in response to falling ...

The West Texas Intermediate for July delivery gained 1.21 U.S. dollars, or 1.91 percent, to settle at 64.58 dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery ...

Brent traded around $65 a barrel and was on track for its first weekly gain since mid-May, while West Texas Intermediate was ...

An estimated 350,000 b/d of Canadian oil production has been shut in by wildfires in Alberta near the province's border with Saskatchewan. According to local press reports, Cenovus Energy, MEG Energy ...

Oil prices surged Monday over renewed concerns about Russia's war in Ukraine and relief over OPEC+ production, while stock ...