U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...

Russia's seaborne oil product exports fell by 9.1% to 113.7 million metric tons last year as the country's oil refineries ...

Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to ensure transparency and reflect the ...

Heineken Lokpobiri, has said the price of crude oil in the international market remains a major force in driving the ...

Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has explained the reason global crude oil prices determine ...

Supply constraints and sanctions boost crude oil futures; traders eye $79.44 resistance, while $76.03 offers dip-buying ...

Motorists should expect another round of increases in the prices of petroleum products next week, which could mark the third ...

Major fuel price hikes are expected next week amid concerns that tougher sanctions on the Russian oil industry could tighten ...

In yesterday’s edition, Daily Monitor in a story titled: “ A fuel price puzzle difficult to explain ” revealed that the ...

The Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri yesterday assured oil and gas players of sustained collaboration. But he clarified that market forces would continue to determine ...

According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average in The Natural State is $2.72 for a gallon ...

According to the Minister of Petroleum Resources, Heineken Lokpobiri, letting gas prices change in line with market forces is ...