U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell ...

FG is working towards a cost-reflective tariff to address the N4 trn debt in Nigeria's power sector while ensuring energy ...

Kuwait Petroleum Corp. (KPC) is optimistic about continued global oil demand beyond the summer, citing robust interest from ...

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

Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...

Backbone Infrastructure Nigeria Limited (BINL), a multinational infrastructure development company, says it will build a $15 ...

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

The Vice President of Dangote Industries Limited, Devakumar Edwin, says the refinery has long-term contracts, and will focus ...

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

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

Nigerian crude prices surged above $70 per barrel, marginally higher than the major oil contracts traded on the global oil ...

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 ...