The U.S. is already the world’s top oil and natural gas producer and output is expected to continue growing, although at a ...

Global oil industry bracing for impact as crude prices drop below $60 raising alarms over supply, investment and service ...

Learn more Egg prices — one barometer of consumer stress right now — have continued to climb this year, with average ...

“Thus, the Crude and Refined Product Sales in Naira initiative is not a temporary or time-bound intervention, but a key ...

W ASHINGTON, 12th April, 2025 (WAM) – U.S. crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million barrels per day (b/d). Despite this new ...

May WTI crude oil (CLK25) Friday closed up +1.43 (+2.38%), and May RBOB gasoline (RBK25) closed up +0.0378 (+1.93%). Crude oil and gasoline prices settled moderately higher on Friday as a slump in ...

SINGAPORE, April 11 (Reuters) - Saudi Arabia's crude oil supply to China will surge in May from the month before as a sharp price cut by the kingdom boosts demand, sources said on Friday.

The California Coastal Commission fined an oil company a record $18 million on Thursday for repeatedly defying orders to stop work on a corroded pipeline in Santa Barbara County that caused a major ...

However, findings by Vanguard indicated that the low crude oil prices may culminate in low prices of petroleum products in the domestic market. The findings showed that major players in Nigeria ...

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has stated that Nigerians will begin to enjoy the benefits of the recent drop in global crude oil prices, following ...

The price of Brent crude oil has fallen to $61 per barrel from an average of $79 per barrel in January, when the Trump administration took charge. There are several reasons for the sharp fall.