Vitol Group has stepped up oil purchases in Venezuela in the final weeks of a US license that allows the world’s largest ...

Amid a heated federal election campaign in Canada, Prime Minister Mark Carney is suggesting that the country can expand oil ...

Down past New Orleans lies Plaquemines parish, a narrow sliver of land at the tip of Louisiana that reaches southward like a ...

The Deepwater Horizon disaster ultimately led to the largest environmental settlement in U.S. history. While BP was deemed ...

With limited upside in crude oil prices, RHB Research says it prefers floating production storage and offloading (FPSO) ...

Trump came into office promising to cut energy prices in half and unleash oil and gas production that had already hit ...

The wave of asset divestment by international oil companies in Nigeria that started in 2022 has seen several local operators ...

The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate ...

At 442.3 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year', the U.S. Energy Information Administration said. Image by yamonstro ...

Crude oil inventories in the US rose by 0.515 million barrels in the week ended April 11, 2025, above market expectations of a 0.4 million build, data from the EIA Petroleum Status Report showed.

On Friday, oil closed with losses for a second week in a row as West Texas Intermediate (CL=F) futures settled above $61 per barrel. Brent (BZ=F), the international benchmark, closed above $64 per ...