Crude oil closed at the lowest settlement price this year, fueled by near-term supply concerns and expectations that OPEC+ will postpone returning barrels to the market in April as planned.

The Federal Government, through the Nigerian National Petroleum Company Limited, has achieved a 319.88 per cent increase in the production of Utapate Nigeria’s newly introduced low-sulphur crude oil ...

Restarting the Santa Ynez Unit oil infrastructure locks us into decades of pollution; pipeline failure would lead to ...

Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over ...

SM Energy is projected to generate $883 million in free cash flow at 2025 strip prices. Read here for SM stock's Q4 results ...

Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to maintain transparency and account for ...

(Reuters) - Goldman Sachs said on Friday a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year, as ...

Union Petroleum and Natural Gas Minister Hardeep S Puri has said with more oil coming up in the global market including from the USA, energy prices are likely to come down which would help tame ...

Oil fell to the lowest closing price this year after the breach of a key technical level accelerated losses driven by the ...

Crude prices fell to a two-month low, weakened by rising oil supplies and concerns over demand. Prices posted a fifth consecutive weekly loss, the first such losing streak in a year. West Texas ...

After making billions in cement, Nigerian Aliko Dangote is tackling oil and corruption in his quest to become Africa’s Rockefeller.

SLB shares closed at $43.24 on Nov. 7, meaning there could be room for growth even at the low end of the analyst estimates. This crude oil and natural gas exploration and production company clocks ...