Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level ...

The White House imposed sanctions on Iran’s oil minister and on more companies and vessels used in the transport of the OPEC ...

Crude oil remains under pressure, consolidating near $65.50 support. A potential double bottom hints at a bullish breakout, but resistance near $69.26 may challenge upward momentum.

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, met with Nigeria's Minister of State (Oil), ...

Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global ...

Fuel prices are currently at a six-month high, but according to RAC Fuel Watch, falling wholesale costs should filter through ...

The crude oil markets continue to see a lot of action at a massive support level, but at this point in time, we don’t see the necessary momentum to get the market rallying significantly.

The Minister of State Petroleum Resources said domestic refineries will help reduce the price of refined petrol and the ...

According to sources, there is a strong possibility that the government will significantly reduce the prices of petroleum ...

Pump prices continue to tick down, thanks in part to lower crude oil prices which have posted seven consecutive weeks of ...

The Dangote Refinery has reportedly lost about N32.5 billion as it lowered petrol prices twice in February, leading to petroleum product marketers lamenting.