On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

Opec-plus’ crude average production averaged 40.81 million b/d, a decline of 1.18 million b/d compared with 2023.

The United States will return $52.88 million in seized assets to Nigeria as part of a yearslong corruption probe against ...

The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S.

Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

India Inc needs to pull its socks up on corruption, low corporate tax rates warrant a relook, impact of Free Trade Agreements ...

By Luminous Jannamike ABUJA – Experts and stakeholders have called for urgent reforms in Nigeria’s oil and gas industry, highlighting the growing insecurity in the Niger Delta and the pressing need ...

The number of active drilling rigs in the United States stood at 584 this week, down by five from the previous week and 35 from last year, according to the weekly data released on Friday by ...

Calling people "mentally ill" based on their sexual identity and referring to women as "household objects" will now be allowed in the context of political discussions on social media giant Meta's ...

The real-time price of Brent crude oil is at $79.00 per barrel, and the price of WTI crude oil is at $75.61 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...