The country is ready to settle disagreements and has always been open for talks with Western oil companies over arbitrations, ...

General of the  Organisation of the Petroleum Exporting Countries, Mr Haitham Al-Ghais has tasked Africa to unlock its proven ...

West Texas Intermediate (WTI) Oil price is neutral on Wednesday, according to FXStreet data. WTI trades at $69.03 per barrel, ...

The Organisation of the Petroleum Exporting Countries, (OPEC) has reaffirmed its commitment to unlocking Africa’s full oil ...

Crude oil futures fell to their lowest since December, after President Trump said tariffs on imports from Canada and Mexico ...

US President Donald Trump pressured Iraq to fully resume Kurdish crude oil exports. The Kirkuk-to-Ceyhan pipeline – which has ...

"The outlook for crude prices remains skewed to the downside, with uncertainty over future oil demand as the threat of U.S. tariffs casts a long shadow over global economic growth," said Ricardo ...

WTI crude oil (CLJ25) on Tuesday closed down -1.77 (-2.50%), and April RBOB gasoline (RBJ25) closed down -0.0418 (-1.85%).

Oil prices fell about 2% to a two-month low on Tuesday on weak economic news from the U.S. and Germany that fed fears of ...

Oil prices fell about 3% to a two-month low on Tuesday on weak economic news from the U.S. and Germany that fed fears of ...

The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, has urged African countries to unlock ...

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating ...