UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.

The Nigeria Ethnic Nationalities Youth Leaders Council, NENYLC, has described as unacceptable a situation where Nigerians are ...

Occidental Petroleum (NYSE: OXY) expected its acquisition of CrownRock to move the needle for investors. It delivered robust free cash flow during the third quarter, which allowed it to continue ...

Motorists and road users are worried about fuel “shortages" this Autumn with insurance experts highlighting fears as we head ...

Nigeria’s import levels surged 80.65 percent in six years, rising from $31 billion in 2017 to $56 billion in 2023, according ...

There’s little to no movement in the price of most fuels this morning. Gas is up by a cent per litre. There’s virtually no ...

Net income at Japanese oil refiners fell in the first half of their fiscal year, but they maintained profitability and ...

Stagnating incomes in sub-Saharan Africa’s resource-intensive economies necessitate more effective fiscal management and ...

Good afternoon readers, we are halfway through the week! With Congress back in session, Callie and Maydeen kick things off ...

The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...

While certain spending categories are down – fuel oil for example is 20% cheaper than it was last fall – inflation is still ...

EIA also raised its forecast for the national average wholesale gasoline price in Q4 by 2cts, or about 1%, to $2.10/gal, while cutting its average retail price forecast by 1.2%, or 4cts, to $3.11/gal.