Oil prices rose marginally in early Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

We have more energy than any other country and now we are unleashing it,” President Donald Trump said as he signed executive orders in the Oval Office on Feb. 14.

After all, OPEC members have voluntarily held back output in the past two years to increase market prices. Many of these ...

Nigeria’s crude oil production reached an average of 1.53 million barrels per day (bpd) in January, marking the first time the country has met the Organisation of Petroleum Exporting Countries (OPEC) ...

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 ...