The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the ...

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...

The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...

Marco Rubio has been selected by Trump for secretary of state. Rubio has long pushed for tougher US policy on Iran and China, ...

The Nymex December RBOB contract was 0.65ct lower at $1.9565/gal and the January contract was off by 0.75ct at $1.9285/gal. The December ULSD contract was down by 0.8ct at $2.2025/gal and January ULSD ...

The Wall Street Journal said Trump would "drastically increase" sanctions to "choke off" Iran's oil income, which the U.S.

L1 Capital, an investment management firm, released its “L1 Long Short Fund” third quarter 2024 investor letter. A copy of ...

Oil prices pared losses from earlier in the session to trade higher on near-term supply risks as market looks to maintain ...

0116 GMT – Oil prices are mixed in early Asian trade. Market sentiment is likely weighed after OPEC cut its demand forecasts, Westpac senior economist Pat Bustamante writes in a note. In its monthly ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...