While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his renewed attacks on ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...

The Central Bank of Kenya (CBK) has revealed that global oil prices have risen ahead of the Energy and Petroleum Regulatory ...

There are no comparative figures from previous years because PDVSA has not published its results since 2016, and it did not ...

NNPC says sale of refineries not off the table as rehabilitation faces setbacks due to misaligned imported technology and aging infrastructure.

The potential sale of the refineries comes amid growing criticism of NNPC’s past spending. Although the facilities did not undergo full Turnaround Maintenance (TAM) in recent years, the National ...

Oil prices rose on Friday as the market considered potential US sanctions on oil-producer Russia and another round of tariff threats, with prices heading for a modest weekly gain.

The oil market is absorbing additional crude supplies from Opec+ without creating excess inventories, underscoring robust ...

The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

Crude oil futures firmed up gains for the week on prospects of potential US sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after August.

After two straight rounds of rollbacks, motorists may see another fuel price hike next week due to stronger global demand and ...