For Nigeria’s marginal fields, the terminal opens new doors for greater operational efficiency. The terminal is expected to unlock previously-stranded crude from more than 40 marginal fields ...

Alan Brugler, A&N Economics, says bean oil got support from a nearly $5 rally in crude oil but was mostly a reaction to the EPA’s proposed Renewable Volume Obligations, which were especially ...

Crude oil prices surged over 18% in June, driven by consistent demand and increasing geopolitical uncertainty, the analyst points out. Iran holds 3% of global oil supplies.

U.S. crude-oil production was at 13.44 million barrels per day for the week ended June 20, down from 13.57 million three months ago, according to the Energy Information Administration.