Sequel to a consistent surge in the price of Brent, the global benchmark for crude, the Dangote Petroleum Refinery has ...

Retailers are also being impacted by the higher futures prices, with the national average rack-to-retail margin for gasoline at 31.7cts/gal, according to OPIS MarginPro data. While that is 1.8cts ...

Oil prices rose on Friday, heading for a fourth consecutive week of gains as the latest U.S. sanctions on Russian energy ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...

TOKYO (Reuters) - Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply ...

Front Month ICE Brent Crude for March delivery lost 74 cents per barrel, or 0.90% to $81.29 today --Off 10.84% from its 52-week high of $91.17 hit Friday, April 5, 2024 --Up 17.49% from its 52-week ...

The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...

Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...

Oil edged down and MUFG said prices were unlikely to hold on to current levels due to Russia’s aggressive crude discounting, OPEC+’s spare capacity and a projected global surplus this year.

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...

Front Month ICE Brent Crude Rose 2.64% to Settle at $82.03, Highest Settlement Value Since August 2024 — Data Talk Front Month ICE Brent Crude for March delivery gained $2.11 per barrel, or 2.64% to ...