Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...
Dangote Petroleum Refinery has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, citing rising ...
A more aggressive approach to Russian sanctions could involve stricter enforcement of secondary measures, targeting European ...
Oil prices jumped to a three-month high on Friday, with traders digesting new, sweeping sanctions against Russia as the Biden ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Brent crude futures were trading up 36 cents at $81.65 per barrel by 1113 GMT, while U.S. West Texas Intermediate crude ...
Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S.
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
to reach $80.96 per barrel by 5:22 a.m. ET after hitting the highest level since August 27 at $81.49. Meanwhile, West Texas Intermediate crude—the benchmark for the U.S. light oil market—rose ...
"Despite ongoing geopolitical conflicts, a combination of bearish factors will likely keep oil prices structurally low in 2025, with a likely price range of $60-$80 per barrel for Brent spot crude ...