The Portland City Council passed a resolution demanding Mayor Keith Wilson investigate potential violations of Zenith ...

It’s been almost 25 years since BP Plc. attempted to rebrand itself as “Beyond Petroleum” and adopt a more environmentally ...

Oil and gas companies will not face any new taxes like the windfall profits tax after the coming into effect of a new law that promises stability of fiscal regime, Petroleum Minister Hardeep Singh ...

The Trump administration has promised to increase leases on federal lands and waters and expedite the permitting process.

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

Oil futures posted a gain on Wednesday, giving up early losses after official U.S. data revealed weekly declines in petroleum-product stockpiles along with a third consecutive weekly rise in ...

U.S. oil production was little changed at 13.57 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub declined by 1 million barrels to ...

President Donald Trump has ditched the Biden administration’s climate commitments and wants to boost fossil fuel production.

Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. Read more ...

President Bola Ahmed Tinubu, yesterday, intervened in the political logjam in Rivers State to avert threats to the nation’s ...

Chief among them have been stocks that zoomed higher in the frenzy around AI technology. Nvidia fell 3.3% as it hosted an ...

MOSCOW, March 18. /TASS/. The price of Brent oil futures with May delivery on London’s ICE exchange rose above $72 per barrel for the first time since March 3, 2025. As of 12:32 Moscow time, the price ...