Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following data that showed a large drop in U.S. crude inventories.

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

Surprise sanctions package against Russia has grounded tankers while Trump's return brings greater uncertainty to market ...

New US sanctions targeting Russia's oil industry, including Gazprom and the "shadow fleet", have pushed oil prices higher and ...

Africa Oil Corporation's strategic growth, solid cash flow projections, and shareholder-focused initiatives make it a top oil ...

Oil prices eased on Tuesday, extending losses into a second consecutive session after last week's rally, although concerns ...

BP (NYSE: BP) shares down premarket after disclosing lower Q4 guidance. Production expected to decline; gas prices to benefit, oil prices to lag.

Oil prices reversed early declines yesterday, induced by concerns of tighter Russian and Iranian supply in the face of escalating Western sanctions. Brent crude futures advanced 60 cents ...

Edible oil prices have been rising over the past week in the local market, as grocers say they are not getting enough supplies from the cooking oil companies. Amid the supply shortage in the ...

After last week’s price cuts, the motoring public will see higher prices for petroleum products this week, reaching up to ...