U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell ...

Brent crude hovered around $70 a barrel, but uncertainty surrounding Trump’s tariff agenda and its impact on demand continued to cloud the outlook.

Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that Nigeria's oil rig counts rose to 46 from 31 as ...

In decades past, turmoil in the Middle East would send crude oil prices soaring, pushing up the cost of gasoline for drivers ...

Iran could jam navigational devices, slowing transit, or drop mines in the water, forcing the U.S. Navy to do more escorts. Or it could bomb a tanker, he said, sending the premiums that shippers need ...

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.

The port is now shipping out more than 2.4 million barrels of oil daily—roughly 60% of the entire nation’s crude exports—and almost 20% of the country’s liquefied natural gas exports.

No matter how the fighting unfolds, it promises to increase prices at the gasoline pump just as voters' natural gas and ...

However, whether this 38% becomes the law in 3-months or not, Oil Companies’ share of oil barrels (85.5%) should not be recorded on Guyana’s national income statistics. Sincerely, Mike Persaud ...

Low oil prices quash U.S. producers' hopes for growth. The price of West Texas Intermediate is hovering around $60 per barrel — not low enough to kill the oil patch, but not generating “Drill ...

A sustained jump in oil prices would have posed quite a dilemma for the Reserve Bank. Generally a shock that adds to ...

Should OPEC crude oil volumes remain higher than year-to-date, VLCCs stand to benefit the most as they carry 70% of the seaborne exports,” says Rasmussen. Tankers • Ports • Cargo • OPEC ...