Supply concerns and uncertainty over energy policies from the incoming president boosted oil prices this week for a fourth consecutive week. West Texas Intermediate rose only two trading days on the ...

OIL prices closed lower on Friday (Jan 17) but strengthened for a fourth-consecutive week, as the latest US sanctions on Russian energy trade added to worries about oil supply disruptions. Read more ...

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over President-elect ...

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 ...

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

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s oil industry.

Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia's oil trade on ...

Oil futures traded modestly lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies, though the agreement has yet to take ...

Harbour Energy's acquisition of DEA Wintershall boosts production and cash flow, offering a strategic investment opportunity ...

The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...

Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...