A January 9, 2025 report by Statista Research Department, a global statistical firm, showed that the average price of crude ...

Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...

Oil and gas producer Civitas Resources is exploring a sale of part or all of its assets in the Denver-Julesburg Basin in ...

Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as ...

Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to industrial data. Data obtained from the ...

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

Crude oil stocks, excluding the SPR, stood at 414.6 million barrels on January 3, according to the EIA. U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve ...

"Despite ongoing geopolitical conflicts, a combination of bearish factors will likely keep oil prices structurally low in 2025, with a likely price range of $60-$80 per barrel for Brent spot crude ...

Commercial crude stockpiles are estimated to have fallen by 1.1 million barrels to 413.5 million barrels in the week ended Jan. 10, according to the average forecast of 10 analysts and traders. Seven ...

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...

OLIVER BUNIC/AFP via Getty Images On Monday, Brent crude—the benchmark used for the light oil market in Europe, Africa and the Middle East—rose above $80 a barrel to its highest in more than ...

LONDON - Iran is pushing to recoup 25 million barrels of oil from China that has been stuck for six years in Chinese ports ...