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

Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian ...

The countries argue that a lower cap would further restrict Russia's ability to finance its war against Ukraine while ...

Oil prices jumped to a three-month high on Friday, with traders digesting new sweeping sanctions against Russia as the Biden ...

QatarEnergy has raised the term price for al-Shaheen crude oil loading in March, trade sources said on Thursday, setting it ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

Stratas Advisors noted in the report that it expects that there is still some room for oil prices to move higher this week ...

Oil prices have risen following sanctions imposed ... Brent crude futures climbed $1.20 (1.5 percent) to reach $80.96 per barrel by 5:22 a.m. ET after hitting the highest level since August ...

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...

Recall that the Nigerian government in the 2025 budget proposal bench-marked oil price at $75 per barrel. The rise in the price of Brent is attributed to geopolitical tensions, particularly ...

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

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