Oil prices rose Friday, touching prices last seen in the fall, as traders digested further U.S. sanctions on Russia.
Oil prices regain momentum at the start of 2025 due to colder weather, falling U.S. stockpiles and additional sanctions on ...
Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...
The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.
Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.
The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil ...
The prices of premium motor spirit and other petroleum refined products may rise in the coming days following the increase in the cost of crude oil prices, such as Brent. DAILY POST reports on ...
Rwanda has confirmed the presence of oil in Lake Kivu, bordering Uganda and DR Congo. The country said there is a possibility ...
Gas prices on both sides of the border will likely increase due to tariffs that incoming US President Donald Trump has ...
River Katonga often paralyses the transport network as floods wash away culverts.