A confirmed breakout above this level could expose the 61.8% Fibonacci retracement at $69.98. Structurally, WTI is forming a ...

Oil prices rose over 2% on Friday as investors weighed a tight short-term market against the potential surplus this year ...

US stocks mostly fell on Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and ...

Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...

The International Energy Agency has hiked its forecasts for global oil supply this year and next, while noting that 2025 ...

NNPC CEO Bayo Ojulari discusses the challenges in repairing Nigeria’s refineries, the ongoing strategic review, and the rising costs of crude oil production.

Limited has hinted that it may sell off the nation’s ageing refineries, as efforts to revamp them have become more complex ...

ULSD futures were seeing strong gains following two days of declines that saw contracts cut by nearly 6cts/gal. The August ULSD contract was ahead 5.46cts to $2.4381/gal, a gain of about 2.3%. The ...

The Department of Interior (DOI) is proposing to reopen up to 82%of the 23-million-acre National Petroleum Reserve in Alaska ...

Motorists should brace for an increase at the pumps next week, with price adjustments expected to surge past P1 per liter.

The Group Chief Executive Officer of Nigerian National Petroleum Company, Bayo Ojulari, has said the technologies brought in ...

Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...