Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest U.S. sanctions on Russia ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...
"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...
It's possible Russia's dark fleet will re-emerge in other forms, with new owners or greater use of ship-to-ship transfers. It ...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...
Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to industrial data. Data obtained from the ...
The API reported yet another draw in crude oil inventories, but fuel inventories continue to increase at a clip ...
The price of Brent crude has risen in the international market, signalling the possibility of petroleum product price increase in depots across Nigeria.
Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...