OPEC oil output fell in March ahead of a scheduled output hike, a Reuters survey found, as Nigeria curbed deliveries to ...

The Kremlin said on Monday that Russia would do everything necessary to insulate the world's second largest crude exporter ...

Czechia has the infrastructure, reserves, and access to alternative suppliers to eliminate its Russian oil imports. Yet, ...

U.S. oil futures have slipped below $60 a barrel, as escalating trade tensions fueled fears of a global economic slowdown.

The Nigerian National Petroleum Company Limited (NNPC) has clinched another breakthrough export deal by shipping out its own cargo to a customer in Europe, THISDAY learnt at the weekend.The crude will ...

Crude oil prices have continued their decline this week as market anxieties about a looming global recession intensify, ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Goldman Sachs revised down its annual average price forecasts again for Brent and WTI crude in 2026, citing increased ...

Saudi Arabia, the world's top oil exporter, on Sunday slashed crude oil prices for Asian buyers in May to their lowest in ...

Run rates for China's struggling independent oil refiners have nudged up recently, but still face near-term pressure over ...

Oil prices fell more than 3% on Monday, extending losses from the previous week, on growing concerns that a global trade war ...

Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...