Nigerian fuel marketers warn of a potential petrol price increase to N1,000/litre as global crude oil prices surge past $70/barrel. Learn more.

"But while crude oil price increased by 6.2 per cent, the local retail price increased by 14.3 per cent, indicating that local oil companies more than doubled the rate of increases in their main input ...

There are also concerns about what this could mean for regional oil supplies. Any escalation may pose a risk to Persian Gulf oil flows through the Strait of Hormuz, where around 20 million barrels a d ...

Discover how Nigeria's oil revenue reached N55.5tn in 2025 from 530.41m barrels of crude oil, despite production challenges ...

Exxon Mobil (XOM) and Chevron (CVX) offered insights into their perspectives about Venezuela during earnings conference calls on Friday, even as neither company announced long-term investment ...

ExxonMobil CEO Darren Woods in a CNBC interview stood by comments on Venezuela's oil industry that angered President Donald ...

OPEC+ is expected to maintain its current oil production policy for March. Sources indicate no changes are likely when the ...

By Ahmad Ghaddar, Olesya Astakhova and Alex Lawler LONDON, Jan 30 - OPEC+ is likely to keep its pause on oil output increases ...

Oil prices surged Thursday after US President Donald Trump ramped up geopolitical tensions with threats of a military strike ...

OnlyFans viewers in sparsely populated counties in the Permian Basin spent more per capita than any others in the state, ...

Crude oil futures gained for a third straight session Thursday, with Brent crude rising back above $70/bbl, as U.S. military moves into the Middle East raised expectations of possible action against ...

The turning point for the US came with the seizure of Nicolás Maduro. President Donald Trump said the US would "run" ...