WTI crude oil (CL1:COM) (CO1:COM) trades near $58 and sits pinned at a one-month low as the market absorbs a possible ...

Crude oil prices fell on Tuesday, reversing Monday's gains due to optimism in Ukraine peace talks. The market anticipates ...

Venezuelan President Nicolas Maduro has the flexibility and the incentive to offer crude oil cargoes, which the country ...

Global oil demand is expected to increase by 0.9 million barrels per day (mbd) in 2025, reaching 105.5 mbd. Growth is ...

"Sending more oil to the U.S. and protecting U.S. investment in Venezuela is something Maduro can easily offer," said energy ...

At 9.54 am on Tuesday, February Brent oil futures were at $62.43, down by 0.46 per cent, and January crude oil futures on WTI ...

Operations at Serbia's Russian-owned NIS oil refinery have halted due to a lack of crude oil supplies, Belgrade-based NOVA.RS ...

Slowing imports from China, driven by government quotas and US sanctions on Chinese entities, have pushed the volume of ...

Banks are now considering financing Russian oil trades if sourced from non-blacklisted sellers, easing verification processes ...

The Nigerian National Petroleum Company Limited (NNPCL) generated N29.21 trillion from crude oil sales in 2024, more than ...

Most public-sector refiners, including HPCL, HPCL-Mittal Energy and Mangalore Refinery and Petrochemicals Ltd, have now ...

Oil demand has been rising. But supply is rising more than twice as fast, and it is starting to overwhelm the market.