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

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

Filling stations across Nigeria have increased their prices again in response to the soaring global crude oil cost, which ...

Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...

Brent crude futures were down 37 cents to $81.66 per barrel by 1042 GMT, while U.S. West Texas Intermediate crude futures ...

(Bloomberg Opinion) -- A barrel of oil fetches about $80 on the global market. Consider the power of that price: It has ...

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

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 ...

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

Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al-Thani confirms cease-fire agreement during press ...

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