To address the challenges often faced by underground pipelines crossing permafrost regions — such as frost heave, thaw ...

The police have arrested three suspects for allegedly breaking a crude oil pipe and siphoning the crude in Edo State.The suspects, Jackson Aluche, 45, Oke Okoro, 30, and Oluchukwu Chukwuma, 18, were ...

The regulator alleges Scott Sheffield attempted to collude with rivals and OPEC oil ministers to limit production.

Nigeria and India are on course to formalise an agreement on Local Currency Settlement System with a view to strengthening ...

Oil prices posted their steepest weekly loss in three months, as the market, already concerned about weakening demand, coped ...

Despite extensive U.S. sanctions, Iran's oil exports remain robust due to China's demand, Tehran's evasion tactics, and ...

New York prosecutors continue to heavily reference the infamous leaked Access Hollywood tape capturing Trump's crude comments ...

Gold for June delivery fell $1 to $2,308.60 per ounce. Silver for July delivery fell 14 cents to $26.69 per ounce, and July copper rose 8 cents to $4.56 per pound. The dollar fell to 152.94 yen from ...

I think it’s a huge mistake to take that out and all it would take is one errant headline to send this market straight back up in the air. Typically, this time of year, we do see a bit of a demand ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...

The world's most important oil price is working better than ever thanks to an infusion of crude from west Texas. After years of skepticism, criticism and trader furore, the world’s most important oil ...

Brent crude futures for July were up 17 cents, or 0.2%, to $83.84 a barrel at 1315 GMT. U.S. West Texas Intermediate crude ...