The location of the US Strategic Petroleum Reserve and the critical role it has played and will continue to play during ...

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

West Texas Intermediate (WTI) Oil price snaps a three-day winning streak, trading around $72.40 per barrel during European hours on Wednesday. The decline follows the American Petroleum Institute’s ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

U.S. Defense Secretary Pete Hegseth says NATO membership for Ukraine is unrealistic. In sweeping remarks Wednesday, Hegseth ...

Oil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, according to findings by The PUNCH.The findings are based on analysis of data ...

Days before he ordered, and then paused, new tariffs on U.S. imports from Canada and Mexico, President Donald Trump argued that the U.S. does not need imported products such as crude oil and lumber ...

A bipartisan group of U.S. senators introduced a bill to limit, not prohibit, the sale of crude oil from the U.S. Strategic ...