News

Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.
Petrol and Diesel Prices on July 12, 2025: Oil marketing companies (OMCs) update petrol and diesel prices daily at 6 AM, ...
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.
AAA Texas announced that summer gas prices are the lowest they have been in Texas since 2021, thanks to a primary component ...
The Nigerian National Petroleum Company Limited (NNPCL) has set 2028 as the target year for its listing on the stock ...
According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...
WASHINGTON - The Department of Energy on Friday said it is providing ExxonMobil with up to 1 million barrels of crude oil from the federal government's Strategic Petroleum Reserve to offset a supply ...
US sanctions could be announced early next week as Trump signals an increasing frustration with Putin’s refusal to end his ...
The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...
Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...
Rob Wilson of East Daley notes that prices rode a roller coaster in the second quarter, plunging early in the quarter on ...