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

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

Crude oil prices hold steady as supply tightness supports the market, but economic fears and trade risks keep upside momentum ...

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

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

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

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.

Crude oil prices rebounded following sharp losses, driven by a revised EIA outlook, a shift in IEA rhetoric, and reports of rebounding Asian imports, despite an estimated US crude oil inventory build.

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

At petrol stations surveyed by Energy Source in the Ikoyi and Victoria Island districts of Lagos, fuel now retails for ...

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