Drivers are getting conflicting information about the prices they pay at the pump. Patrick De Haan, the head of petroleum ...

Over-estimating China’s appetite for crude has been a factor in oil markets this year, especially by the Organisation of the Petroleum Exporting Countries (Opec), and it’s a theme that looks likely to ...

Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on forecasts for less oil ...

Nigeria's Minister of Finance, Wale Edun, said the country is spending its increased revenue on social investment, such as ...

Since The Washington Post reported that Israel will not be targeting Iran’s oil output, prices have been falling.

The Middle East is alight with conflict and threatens a significant amount of the world's oil production. Read why I am ...

Fuel prices fell 7% on month, the fastest rate this year. Oil prices hit their lowest level in years in September after oil cartel OPEC slashed its outlook for demand. Nonfuel imports meanwhile inched ...

A complete stop to Red Sea transits would sharply increase shipping bunker demand in 2024 as the knock-on impact of global ...

Global oil demand will peak at 101.7 million bpd in 2030 with clean energy set to absorb future energy demand growth ...

Inflation's downward trajectory, combined with slowing wage growth, emphasizes BOE Governor Bailey's recent comments that more aggressive interest rate cuts are possible, Swissquote Bank said, adding ...

Saudi Arabia’s oil production hike plan may not break Russia’s petro-export-fueled economy, but escalations between Iran and ...

In a report sent to Rigzone late Tuesday by Standard Chartered Bank Head of Commodities Research Paul Horsnell, analysts at the company, including Horsnell, said “the path of oil prices in October to ...