Global benchmark crude prices posted their first weekly gain in a month Friday, finding support as the U.S. looked to reduce ...

Wall Street pundits were certain that four interest-rate cuts of 25 basis points each would occur in 2025. Then, as inflation ...

A new report has revealed that the Port Harcourt Refinery, which was commissioned months ago, is still struggling to operate ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

The Italian region of Tuscany is set to extend Enel's geothermal energy licences by 20 years to 2046 in exchange for nearly 3 billion euros ($3.15 billion) of investments, three sources said on Friday ...

Oil prices are set to end the week higher, ignoring the prospect of a Russia-Ukraine peace deal and a broader trade war ...

THE Port Harcourt Refinery, located in the Alesa-Eleme community, continues to operate at a minimal capacity months after its ...

BAKU, Azerbaijan, February 14. The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta ...

The government's introduction of a bill last month that would establish regulations for nuclear is Italy’s most concrete step ...

BAKU, Azerbaijan, February 13. The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta ...

Oil Market Report’ is a monthly publication of the OPEC Secretariat focusing on short-term developments in the global oil market related to the global economy, ...

BP's fourth-quarter profit fell 61% to its lowest level since 2020.