News

Crude oil futures firmed up gains for the week on prospects of potential US sanctions on Russian oil and reports that OPEC+ ...
The US Department of Energy on Friday said it would provide up to 1 million barrels of crude oil from the Strategic Petroleum ...
Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.
The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...
Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...
Petrol and Diesel Prices on July 12, 2025: Oil marketing companies (OMCs) update petrol and diesel prices daily at 6 AM, ...
Civitas Resources offers a strong dividend yield and low valuation but faces challenges with high debt and weak earnings.
BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...
NNPC CEO Bayo Ojulari discusses the challenges in repairing Nigeria’s refineries, the ongoing strategic review, and the ...
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...
A damaged pipe just north of the lake leaked 2,600 barrels of crude oil in early May, according to a report by the Environmental Protection Agency.
NNPC says sale of refineries not off the table as rehabilitation faces setbacks due to misaligned imported technology and aging infrastructure.