Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher US sanctions reduced the number of ...

US refiners may be forced to find alternative crude oil sources and could face challenges in maintaining optimal refinery ...

So we’ll have an asset that will produce something over 1 million barrels a day for many, many years into the future.” ...

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...

The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

The Trump administration is seeking to drastically reduce Iran's oil exports to just 100,000 barrels per day through a ...

In December 2024, Nigeria's crude oil production reached 1.5 million barrels per day (bpd), marking the first time it met its ...

With a limited supply of sanctions-proof cargoes, discounts for Russian Urals crude to dated Brent have narrowed to ...

Global benchmark crude prices eked out their first weekly gain in a month on Friday, while U.S. benchmark crude fell for the week, as traders weighed President Donald Trump's day ...

Treasury Secretary Scott Bessent said the U.S. wants to reduce Iran's oil exports by more than 90%, according to Bloomberg, which cited a Friday interview with Fox News. That would further Trump's ...

By Best Orinya In the high-stakes world of Nigeria’s oil and gas industry, Engr. Gbenga Olu Komolafe is juggling two critical roles with ease. On one hand, he is demonstrating exceptional leadership ...