The American Petroleum Institute reportedly shows a build of 4.59M barrels of oil in U.S. commercial stockpiles for the week ending March 14. Gasoline inventories reportedly show a draw of 1.71M ...

U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI Crude price in the high ...

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...

According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...

The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over ...

Meanwhile, Occidental has run four pilot tests in the Midland basin using carbon dioxide for enhanced recovery. The early ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel on January 15th, fuelling fears over achievement of the Federal Government’s ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower prices.

Those rising cash returns could help give ConocoPhillips the fuel to produce strong total returns for its investors this year if oil continues to hover around $70 a barrel. Devon Energy has ...

Trump last week threatened China with an extra 10 per cent duty, set to take effect on Tuesday, resulting in a cumulative 20 per cent tariff ...

An investigation is under way after 60 five-gallon drums of oil were illegally dumped near a river in Co Meath. All of the dumped oil drums were full and found leaking into a ditch of water near ...