News

The American Petroleum Institute reportedly shows a build of 3.8M barrels of oil in U.S. commercial stockpiles for the week ending April 25.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 million barrels in the week ending April 25 ...
Oil futures posted back-to-back losses on concerns about supply increasing while tariffs threaten to curb demand.
Commercial crude stockpiles are expected to have risen by 100,000 barrels to 443.2 million barrels in the week ended April 25, according to the average estimate of eight analysts and traders. Four ...
U.S. crude oil prices have fallen more than 20% since Trump took office, to below $65 per barrel, making it unprofitable for ...
India's state-run refiner Bharat Petroleum Corp (BPCL) reported a smaller-than-expected fourth-quarter profit decline on ...
The Nigerian Content De­velopment and Monitor­ing Board (NCDMB) has conveyed its backing for credible investments in the Ni­gerian oil and gas sector, capac­ity building and gap closures, in line with ...
Oil futures settled lower after gaining the previous two sessions, kept back by concerns about imminent output increases by OPEC+ and lack of visibility on trade relations between the U.S. and China.
Donald Trump’s trade war scared the entire world and drove the price of oil to a record low level. A barrel promises to ...
Russia is preparing its economy for lower oil prices as its Urals crude export blend is traded at below $60 per barrel in ...
Oil prices have seen a slight increase due to new U.S. sanctions on Iran and a stronger U.S. equity market, though concerns ...