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 ...

The prices of premium motor spirit and other petroleum refined products may rise in the coming days following the increase in ...

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

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

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

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 ...

Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following ...

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