Oil prices were held in check on Thursday by threatened U.S. tariffs on Canadian and Mexican crude that could take effect this weekeend.Brent crude futures were up 27 cents at $76.85 a barrel at 11:05 ...

Oil futures traded higher Thursday, a day after the U.S. benchmark saw its lowest settlement of the new year, as traders continued to weigh the possibility that President Donald Trump will implement ...

The Bureau of Public Enterprises had reported that the Warri refinery had never achieved full capacity utilisation, and after years of decline and shutdown in 2015 due to disrepair and crude shortages ...

The US economy grew by 2.3% in the fourth quarter, easing at an annualized rate from a pace of 3.1% in the July-September ...

Oil prices were little changed on Thursday as investors focused on tariffs threatened by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers ...

Production in the fourth quarter averaged 175,000 barrels of oil equivalent per day, down 28% from the same period a year earlier. The latest tally included 85,000 barrels of oil per day. Murphy's ...

If AI really doesn’t need that much power, energy companies have less incentive to produce more.

Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention ...

Oil prices edged lower in early trade as U.S. tariff threats continued to dominate market sentiment. Brent crude and WTI were ...

Petrol prices in the UAE are anticipated to rise in February 2025 in response to global oil prices, which surpassed $81 per ...

Oil futures lose ground as a two-month long slide in U.S. crude inventories ended and the Fed paused in its monetary easing cycle, with chair Jerome Powell saying the U.S. central bank doesn't need to ...

U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly rise in commercial crude inventories following nine consecutive weekly ...