OIL prices closed lower on Friday (Jan 17) but strengthened for a fourth-consecutive week, as the latest US sanctions on Russian energy trade added to worries about oil supply disruptions. Read more ...

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian ...

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over President-elect ...

The volatility seen in oil prices in the new year has a lot to do with Donald Trump — and he doesn’t even officially become the president of the United States until Monday.

On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 ...

The US rig count continues to fall, with the number of oil and gas rigs deployed declining amid rising oil prices ...

Dangote said the price adjustment represents a 6.17% increase, or N55.5 per litre, compared to the discounted rate of N899.50 ...

The U.S. central bank is set to meet at the end of the month and has made widely clear that it is taking a break from rate cuts. Higher rates typically lead to a stronger dollar, which makes oil and ...

Wood Mackenzie says that a 30% increase in upstream spending will be needed to meet stronger oil and gas demand under a ...

Spartan issued $85 million worth of new shares to National Bank Financial to help fund the company's development project in ...

Oil prices rose on Friday, on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy ...

Oil rose in early Asian trade, as prices found support amid supply concerns, Naga.com said.