In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil shipments that are helping Russia to fund its war in Ukraine.

- Canada's response to US trade policies includes C$150B in retaliatory tariffs, escalating tensions. Simultaneously, there's ...

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

In December, the OPEC Reference Basket (ORB) rose by nine cents, or 0.1 percent, m-o-m, to average USD 73.07/b, according to OPEC Monthly Oil Market Report January 2025 ...

Oil prices were stable in early trade today, Jan. 16, after gaining nearly 3% the day before on a larger-than-expected drop ...

Oil prices steadied on Thursday a day after settling at multi-month highs on the latest U.S. sanctions on Russia and a larger ...

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 ...