The US has another massive package of sanctions ready to go in a bid to curb Russia’s oil revenue, sources have told Reuters.

Due to its crude oil loans, the Nigerian National Petroleum Company Limited (NNPC) may have challenges meeting the crude oil ...

Oil has had a stellar start to the new year with prices climbing more than 3% since the close on December 31. The positive ...

President Joe Biden is indefinitely blocking offshore oil and gas development in more than 625 million acres of US coastal ...

Sudan lifted a force majeure notice issued in March on crude exports from South Sudan, signaling resumption of oil shipments through a pipeline that had been damaged in a war zone.

These five companies -- one of which is near and dear to the Oracle of Omaha's heart -- stand out for all the right reasons.

Oil prices eased on Monday, pressured by a strong dollar, but remained at their highest since mid-October as colder weather ...

Shares of HPCL tumbled 6% to their day’s low of ₹388.50, while BPCL shares went down 4% to ₹285.60. Meanwhile, the shares of ...

Crude oil was lower in Europe and ICICI Securities said prices are likely to slip further on demand concerns and expectations the market will remain in surplus despite OPEC+ members delaying ...

Asia's crude oil imports dipped slightly in 2024, driven by a decline in China due to factors like EV adoption and LNG use, while India is projected to become the world's biggest oil demand driver in ...

Oil prices are surging in early 2025 due to cold weather, hopes of revived Chinese demand, and potential supply disruptions from tighter sanctions on Iran.