Shares of energy companies rose after a surprisingly sharp decline in U.S. oil stockpiles. Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 2.8 million barrels to 440.4 ...

A controversial proposal to haul up to 350,000 barrels of waxy crude oil daily along a stretch of the Colorado River can move ...

U.S. crude oil inventories fell by 2.8 million barrels, exceeding estimates for a drop of 600,000 barrels.

Petralon 54 Ltd, an indigenous oil company, is boosting Nigeria’s crude production by 2,500 barrels daily through expanded operations in the Dawes-Island Field.

Oil markets strengthened yesterday as sanction risks against Russia increase and after a US court blocked the Liberation Day ...

Market sentiment had been lifted by easing of trade tensions between the U.S. and Europe, after President Donald Trump ...

Oil prices gained more than 1% on Wednesday on supply concerns as OPEC+ agreed to leave their output policy unchanged and as ...

The nation’s average price of gasoline has risen, then fallen, and remains just below its week-ago level at $3.13 per gallon, according to GasBuddy® data.

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

Mr Desmond Davies, a graduate of Takoradi Technical Institute, has invented the Kingsway Barrel Ice Refrigerator to ...

Sable Offshore Corp. announced Monday that it has resumed oil production at Platform Harmony, the 10th anniversary of the ...

Oil remains essential, not only to Illinois, which consumes more than a half million barrels per day, but the world as a ...