ExxonMobil announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block ...

Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a ...

President-elect Donald Trump wants to “drill, baby, drill,” but industry is focused on returns, Ben Cahill writes in a guest ...

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

Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in US fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger dollar.

The Federal Government is set to earn about N6.99tn monthly from the oil sector as the Nigerian National Petroleum Company ...

Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...

U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

Cash differentials for prompt barge and Buckeye ultra-low-sulfur heating oil continued at a 10.50ct discount to the December NYMEX, while Prompt offline Colonial Pipeline ULSHO for Cycle 62 delivery ...

U.S. gasoline inventories fell to their lowest levels in two years as fuel supplies drew down unexpectedly last week amid ...