Gas prices have taken a sharp turn higher in the past two weeks. According to AAA, the average price of a gallon of ...

The assessment was made based on the opinions of three oil executives, more than 10 traders, as well as managers of ...

According to the oil cartel’s direct communication data, Nigeria recorded 1,539 million barrels per day in January from 1,485 million recorded in December 2024, an increase of 54,000 barrels.

The Rain CII Lake Charles Calcining Plant in Sulphur, as seen from Google Earth on Feb. 12, 2025. The plant is one of two ...

PBF reported $383.2 million loss from operations in the fourth quarter, extending the string of quarterly losses to three. Officials blamed the results on constricted global refining margins and weak ...

The report showed that Nigeria retained its position as the largest oil producer in Africa, surpassing Algeria, which ...

Edmond B. Kombat, a seasoned energy strategist and finance professional, has been appointed by President John Dramani Mahama ...

BP's fourth-quarter profit fell 61% to its lowest level since 2020.

U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw.

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three months, according to data released Wednesday by the U.S. Energy Information ...