Petroleum product marketers have argued that the only way to shield Nigerians from the shock of a sudden surge in petrol prices is for the Federal ...

Oil prices fell by over $1 per barrel on Monday as U.S. President Donald Trump said over the weekend Iran was "seriously talking" with Washington. Brent crude futures were down $1.8 per barrel, losing ...

There are two factors that are largely beyond the control of OPEC+ and they are likely to determine the price of crude oil in ...

There are two factors that are largely beyond the control of OPEC+ and they are likely to determine the price of crude oil in the coming weeks. The first is whether U.S. President Donald Trump does ...

The meeting of eight OPEC+ members comes as Brent crude closed near $70 a barrel on Friday, close to the six-month high of ...

For more than a decade, most major Western oil companies have had little access to Venezuela’s reserves, the world’s largest, owing to a wave of nationalizations of their operations in the country in ...

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler MOSCOW/LONDON, Feb 1 (Reuters) - OPEC+ has agreed in principle to keep its ...

Sunday’s statement made no mention of what OPEC+ could decide for specific months beyond March, and the lack of forward ...

Washington wants to choke off China’s access to energy, particularly oil that flows outside Western directions.

Nigerians may face petrol prices reaching N1,000 per litre as global crude oil surpasses $70 per barrel, with Dangote ...

MOSCOW/LONDON, Feb 1 (Reuters) - OPEC+ is likely to keep its planned pause on oil output increases for March when it meets ...