Friday closed up +0.39 (+0.55%), and March RBOB gasoline (RBH25) closed up +0.0303 (+1.46%). Crude oil and gasoline prices ...

Oil prices rose marginally in early Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S ...

U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...

Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum ...

Crude oil futures pared previous gains after OPEC+ agreed to maintain its policy of gradually raising oil production starting ...

Crude oil futures decline as Trump plans to boost US production, while zinc and castorseed contracts show mixed trends.

Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m of water.

The Federal Government has banned the export of crude oil meant to meet the needs of domestic refineries in the country, ...

Petrol marketers have made a strong accusation to the Nigerian oil-producing companies about the diversion of 500,000bpd of ...