Rwanda has confirmed the presence of oil in Lake Kivu, bordering Uganda and DR Congo. The country said there is a possibility ...

Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following data that showed a large drop in U.S. crude inventories. Concerns about ...

Rupee closes lower at 86.56 against USD due to strong dollar, high crude oil prices, and foreign fund outflows.

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest U.S. sanctions on Russia ...

Independent Petroleum Marketers Association of Nigeria (IPMAN) said its members now patronise Dangote Refinery following the ...

Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...

Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.

The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...