The rise came after the OPEC+ alliance agreed to postpone the start of easing planned production cuts until April, and slow the addition of supplies to the market ...

The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues ...

Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to ensure transparency and reflect the ...

CHINA’S independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude ...

Oil prices rose in the Asian morning session, driven by optimism over China’s potential economic recovery.

Asia's crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China ...

This article explores the factors driving a bullish sentiment in the oil market, including the upcoming Trump presidency, ...

A basket of the world’s key commodities rose in 2024, helped in part to gold’s stellar run. Coffee and cocoa were top ...

​​​Brent crude oil price range bound while silver, wheat prices slowly recover​ in this pre-holiday trading.​ ​The Brent ...

The Energy Reforms Advocates of Nigeria (ERAN) has urged the FG to stop the NNPCL's alleged plan to cut the supply of crude ...

The first big factor affecting South Africa’s fuel prices is the oil price. According to Trading Economics, the average price ...

The West Qurna-1 oilfield in Iraq, one of the world's largest oilfields, has reached a production milestone in PetroChina's first year as the lead contractor. Located 50 kilometers northwest of Basra ...