Crude oil prices climbed on Monday amid US President Donald Trump’s threats to impose 25% to 50% tariffs on Russia’s oil.

Crude oil stocks, not including the SPR, stood at 433.6 million barrels on March 21, according to the EIA's latest weekly petroleum status report. U.S. commercial crude oil inventories ...

India's crude oil imports hit record high in March 2025, driven by strong demand and discounted Russian barrels.

Oil prices posted their third consecutive weekly gain but wobbled at week's end on concerns about tariffs and global demand ...

The Iraqi Prime Minister confirmed on Sunday that the country’s refining capacity will soon reach 1.54 million barrels per ...

NEW YORK (Reuters) -U.S. crude oil inventories fell last week as refiners continued to ramp up production, while gasoline and ...

Oil prices rose on Wednesday, buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by ...

There is anxiety in the downstream arm of the oil and gas sector as operators await the decision of the Federal Government on ...

Brent crude futures rose by 8 cents (0.1%) to $74.11 per barrel as of 0949 GMT, extending an eight-day winning ...

U.S. crude imports from Canada fell to the lowest in two years as U.S. net crude imports also sank, after President Donald ...

Petroleum product marketers have predicted that petrol prices could hit N1,000 per litre following the collapse of the naira-for-crude deal between NNPC and Dangote.

Nigeria's newest crude oil grade, the sweet Obodo blend, is reportedly ready for export to European markets alongside other ...