The US rig count continues to fall, with the number of oil and gas rigs deployed declining amid rising oil prices ...

Dangote said the price adjustment represents a 6.17% increase, or N55.5 per litre, compared to the discounted rate of N899.50 ...

Russia's seaborne exports of petroleum products declined by 9.1% to 113.7 million metric tons in 2024, reflecting mounting ...

Deloitte ’s report forecasts oil prices to remain around $70 per barrel in 2025, with some market backwardation indicating potential softening towards year-end. The sector’s ability to navigate policy ...

Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S.

A more aggressive approach to Russian sanctions could involve stricter enforcement of secondary measures, targeting European ...

Dangote Petroleum Refinery has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, citing rising ...

Wood Mackenzie says that a 30% increase in upstream spending will be needed to meet stronger oil and gas demand under a ...

The incoming US administration is considering good-faith measures to ease sanctions if things move forward. Or, if not, then ...

HOUSTON (Reuters) -Oil prices settled lower on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the ...

South African motorists are ending the week with bad news for fuel prices – with recoveries coming under even more pressure ...

KUWAIT, 17th January, 2025 (WAM) -- The price of Kuwaiti oil rose by US$2.30 to US$84.55 per barrel (pb) on Thursday, compared with US$82.25 pb the previous day, said the Kuwait Petroleum Corporation ...