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 ...

The Department of Energy said Friday it agreed to release up to a million barrels of crude oil from the Strategic Petroleum Reserve to Exxon Mobil in an exchange to address crude delivery problems at ...

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

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

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 ...

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

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Find insight on BP, oil prices, Embraer and more in ...