Biden's DOE announced that it was seeking 3 million barrels for the Strategic Petroleum Reserve for delivery in March, ...

Oil prices were trading up on Friday. At 12:36 p.m. ET on Friday, the WTI benchmark was trading up $1.54 (+2.22%) on the day ...

Mining giant Anglo American plans to reduce its production of iron ore and copper in the near term to lower costs.

Crude oil demand growth is set to slow down sharply in 2024 as the post-pandemic recovery loses steam, falling to a third of ...

Shell has identified a $5 billion investment opportunity in Nigeria’s offshore oil sector, and said it would invest another ...

U.S. gasoline prices continued to fall this week, with gasoline futures hitting the lowest level since 2021 as demand weakens ...

Trafigura paid its higher-ever dividends in the 2022/2023 financial year after posting another record-high profit.

Africa’s biggest refinery is expected to receive its first of several cargoes of crude oil that would enable it to begin ...

As the price of Russia’s flagship crude fell below the $60 per barrel price cap and international benchmarks slumped, India ...

The latest version of the COP28 draft text published by the UN shows that the phase-out of fossil fuels remains a contentious ...

Ofgem and the Department for Energy Security and Net Zero have submitted proposals to expand protection for businesses in ...

Oil prices were climbing early on Friday morning but bearish sentiment continues to dominate markets as WTI and Brent head ...