Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil imports, while the US stockpiles rose for the ...

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

Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum Regulatory Commission has said.This is 300 per cent higher than the cost of ...

The price of petroleum products is expected to fall as the global cost of crude oil dropped in response to Donald Trump's ...

OIL prices settled lower on Thursday after US President Donald Trump repeated a pledge to raise US oil production, unnerving ...

West Texas Intermediate (WTI) Oil price pauses its four-day losing streak but remains on track for a third consecutive weekly ...

Brent crude futures were down 59 cents, or 0.76%, to $77.90 a barrel ... prices then,” said Ole Hansen, head of commodity strategy at Saxo Bank. Canada supplied 3.9 million barrels per day of ...

Despite Trump's desire to increase drilling, US oil and gas companies are likely to prioritise shareholder returns and cut ...

EIA forecasts continued increasing US crude oil production in 2025 and ... to sustained lower crude oil prices and producers prioritizing value per barrel over production volume.

And production was growing. All of these factors drove the price of crude oil to less than $40 per barrel ... Reuters. "Oil prices dip but post fourth weekly gain on US sanctions." ...

Brent crude price could surge to $93 per barrel if sanctions successfully curb oil exports from Iran and Russia by a combined ...