A bipartisan group of U.S. senators introduced a bill to limit, not prohibit, the sale of crude oil from the U.S. Strategic ...

The Russian economy suffers from falling oil prices, budget constraints, and rising corporate debt, while the West tightens ...

Reports of a rising importation of petroleum products at a time Nigeria is hosting the Dangote Refinery, the largest productive refinery complex in Africa is worrisome.

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with ...

The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

Vandana Hari of Vanda Insights forecasts a more stable oil market in 2025. Reduction in geopolitical strains and strategic ...

I used to be an oil executive. Here’s how market forces, not politics, killed the oil boom—and why new pipelines won't save ...

London-based pools company Tankers International has revealed a growth of Middle East Gulf crude shipments on sanctioned VLCCs. But the company believes this trend could reverse if the US ramps up ...

With the world pivoting towards cleaner energy sources and facing political uncertainties, 2025 can be a critical year for ...

Donald Trump has announced direct negotiations with Russia aimed at ending the war - much to the concern of Ukraine's President Volodymyr Zelensky.

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

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...