According to experts, when US and the European Union imposed a ban on Russian oil, it had a direct impact on crude oil prices ...

The Defence Headquarters has disclosed a significant victory in the fight against terrorism, revealing that troops killed 82 terrorists and arrested 198 criminals across the country within a one-week ...

Oil prices dropped by 2% on Friday but remained steady for the week as supply concerns in Russia and uncertainty about a ...

Oil fell to the lowest closing price this year after the breach of a key technical level accelerated losses driven by the ...

Iraq’s oil minister made a surprise announcement on Monday that exports from Kurdistan would resume next week.

Founder of Heirs Energies, Tony Elumelu, has said Nigeria must ramp up oil production to generate revenue for economic ...

SM Energy is projected to generate $883 million in free cash flow at 2025 strip prices. Read here for SM stock's Q4 results ...

Indian refiners have cancelled orders for 100,000 metric tons of crude palm oil scheduled for delivery between March and June due to a surge in Malaysian prices and negative refining margins.

Nigeria’s aspiration to produce 2.5 million barrels of crude oil daily is achievable if a collaborative effort is forged ...

The Federal Government, through the Nigerian National Petroleum Company Limited, has achieved a 319.88 per cent increase in the production of Utapate Nigeria’s newly introduced low-sulphur crude oil ...

GOLDMAN Sachs said on Friday (Feb 21) a proposed 10 per cent US oil tariff could cost foreign producers US$10 billion per year, as Canadian and Latin American heavy crudes remain reliant on US ...

OIL prices settled down more than US$2 a barrel on Friday (Feb 21), posting a weekly decline as investors grappled with a fading Middle East risk premium alongside uncertainty about a potential peace ...