Since he returned to the Oval Office, the benchmark West Texas Intermediate oil price has fallen from $80 a barrel to $60 ...

Recent reports indicating that about 60 million barrels of crude oil meant for local refineries have been stranded in the high seas and unsold has once again highlighted the challenges being faced by ...

But the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso has through foresight, activated countermeasures that will ensure that the impact of the oil-crisis does not hurt the domestic economy.

The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

MALAYSIA is keen to grow its palm oil exports to Kenya to help the country maximise its edible oil refining capacity, the ...

Oil and gas firms only drill new wells when prices are high enough to offset the costs of fracking, refining and shipping the ...

Indian state player in January selected BP as the technical services provider for Mumbai High as it seeks to revive oil and ...

President Donald Trump has been right to adopt “drill, baby, drill” as a slogan and to proselytize the deeper message behind ...

Fidelity Select Energy Portfolio gained 5.49%, trailing the 7.82% result of the MSCI U.S. IMI Energy 25/50 Index. Read more ...

The Trump administration is promoting geothermal energy as part of its National Energy Emergency Executive Order, which could ...

Kazakhstan’s national oil company KazMunayGas (KMG) says it is fully prepared to navigate recent oil price volatility, even ...

Oil prices climbed about 3% on Tuesday on signs of higher demand in Europe and China, lower production in the U.S., tensions ...