Gasoline futures were also struggling to close out the week in the black. The Nymex March RBOB contract was off by 2.21cts to $2.0886/gal, leaving it down by nearly 2cts week to week and more than ...

U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three ...

U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Oil prices are set to end the week higher, ignoring the prospect of a Russia-Ukraine peace deal and a broader trade war ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased ...

Refiners are increasingly investing in the production of cleaner fuels and petrochemicals as they adapt to changing market ...

Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

Nigeria’s crude oil production dropped by 30,000 barrels per day (bpd) in January to 1.495 million (bpd), falling short of ...

Oil Market Report of the Organisation of Petroleum Exporting Countries (OPEC) has shown that Nigeria’s crude oil ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth project, the first that will ...

The production figure which was released in OPEC monthly oil market report showed that the increase was against 1.485mln bpd ...