The Federal Government has said it would not resort to price-fixing for crude oil. It insisted on the commitment to comply with international best practices to allow the willing-seller, willing-buyer ...

The US Initial Jobless Claims for the week ending February 15 rose to 219,000, compared to the previous week's 214,000 ...

Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to maintain transparency and account for changes in global market conditions. These daily revisions take into account ...

Asian session. Supply worries have outweighed another increase in U.S. crude inventories, IG said.

The Crude Oil Refinery-owners Association of Nigeria has slammed the oil sector sectors for the inability of CORAN members to meet the domestic fuel supply requirements nationwide.The Nigerian ...

Drivers in Nevada are facing higher costs at the gas pump, with the average price per gallon now reaching $3.87. This ...

Crude oil futures edged higher as near-term supply concerns were partly offset by a larger than expected rise in U.S. crude stockpiles despite a drop in net imports.

The Trump administration has approved the construction of a deep water port to export domestically produced oil.

Oilmen against limits on oil production attacked a state representative at the Stephen F. Austin hotel in 1933. The attack ...

Crude futures hold onto moderate gains as near-term supply concerns are partly offset by a bigger-than-expected 4.6 million barrel increase in U.S. crude stockpiles despite a drop in net imports.

Oil prices settled higher on Thursday, marking a three-day streak of gains, after data showed gasoline and distillate ...

U.S. crude oil inventories increased by more than expected last week in a fourth consecutive build, while product stocks ...