News

President Donald Trump has been sending letters to countries outlining higher tariffs they’ll face if they don’t make trade ...
Oil futures posted gains for a second straight week as the market shrugged off higher OPEC+ production plans, a second large weekly build in U.S. crude oil stocks and the return of U.S. tariff wars to ...
NNPC CEO Bayo Ojulari discusses the challenges in repairing Nigeria’s refineries, the ongoing strategic review, and the ...
The IEA on Friday boosted its forecast for supply growth this year, while also trimming its outlook for growth in demand ...
BP's second-quarter results are expected to be impacted by lower prices received for gas and oil, while its upstream output ...
Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...
India's continued import of Russian crude oil has played a crucial role in maintaining global energy price stability, according to Petroleum Minister Hardeep Puri. Despite Western sanctions, India's ...
The number of active oil rigs is a key indicator of the volume of oil exploration and production activities in the country. It has grown almost 500% in 4 years.
WTI crude oil (CLQ25) today is up +0.20 (+0.29%), and August RBOB gasoline (RBQ25) is up +0.0070 (+0.32%). Crude oil and ...
U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell as demand picked up ahead of the Independence Day holiday.
"With the corruption case hanging over its head, along with tariff uncertainties, volatile raw material prices and economic ...
Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...