Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...

Over 22% of crude oil production and 9% of natural gas output in the U.S. Gulf of Mexico was shut in response to Hurricane ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

The Nigerian Navy's Operation DELTA SANITY has discovered and deactivated a hideout which harbours crude-oil thieves in ...

December WTI crude oil (CLZ24) today is down -0.11 (-0.16%), and December RBOB gasoline (RBZ24) is up +0.0023 (+0.12%). Crude ...

U.S. and global crude-oil prices on Wednesday touched their lowest levels in about two weeks, a day after OPEC+ lowered expectations for global demand growth. Trade ...

He questioned the persistence of fuel imports despite Nigeria’s status as a major crude oil producer. Adeboye said: “Are we ...

IPMAN says it expects to agree petrol price with Dangote refinery in 48 hours*Crude nears two-week low as OPEC cuts demand view ...

Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024.

Weak demand in China will cause Saudi Arabia to reduce crude oil exports to China in December, despite recent price cuts.