The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors, Adewale Adeyemo-Bero, has explained why Nigeria’s crude ...

Nigeria’s target of 2.06million bpd crude oil production target in 2025, is achievable, the Minister of State for Petroleum, ...

AS Sahney, Chairman of Indian Oil Corporation (IOC) said increased sourcing of US crude will not impact IOC’s profitability, as procurement decisions are driven by economic viability.

Oil prices edged down on Friday but were still poised for a weekly rise on concerns over supply disruptions in Russia and an ...

Suriname's state oil company, Staatsolie, is seeking $1.5 billion in funding to participate in the development of the Gran ...

The Chairman of Heirs Holdings, Mr Tony Elumelu, has emphasised the need for increased oil production to fund Nigeria’s economic ...

TROY MEDIA Proposed U.S. tariffs on Canadian crude—part of Donald Trump’s push for protectionist trade policies—are raising alarm on ...

Crude oil prices are on track for weekly gains despite geopolitical headwinds, inventory builds, and fluctuating expectations of a US-Russia peace deal that could ease sanctions on Moscow.

The terminal continues an oil export infrastructure buildout that pushes growth in U.S. oil production as momentum fades on a ...

Crude futures hold onto moderate gains as near-term supply concerns are partly offset by a bigger-than-expected 4.6 million barrel increase in U.S. crude stockpiles despite a drop in net imports.

Drivers in Nevada are facing higher costs at the gas pump, with the average price per gallon now reaching $3.87. This ...

Crude oil futures edged higher as near-term supply concerns were partly offset by a larger than expected rise in U.S. crude stockpiles despite a drop in net imports.