South African motorists are ending the week with bad news for fuel prices – with recoveries coming under even more pressure ...

KUWAIT, 17th January, 2025 (WAM) -- The price of Kuwaiti oil rose by US$2.30 to US$84.55 per barrel (pb) on Thursday, compared with US$82.25 pb the previous day, said the Kuwait Petroleum Corporation ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...

Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S.

At 412.7 million barrels, commercial crude stocks are at their lowest since 2022, EIA data show, with reductions in supplies "attributed to an increase in exports and a decrease in crude oil imports," ...

Oil futures traded modestly lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies, though the agreement has yet to take ...

Oil prices on the New York fuel exchange remain high due to concerns about threats to the global supply of this resource.

Harbour Energy's acquisition of DEA Wintershall boosts production and cash flow, offering a strategic investment opportunity ...

The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...

Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...

Crude oil prices continued to rally on Thursday as a drop in US stockpiles and a softer inflation buoyed sentiments in the ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...