The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

Vandana Hari of Vanda Insights forecasts a more stable oil market in 2025. Reduction in geopolitical strains and strategic ...

In agreement with petroleum minister Hardeep Puri’s observation that the “Trump presidency is good news for oil”, Vandana ...

I used to be an oil executive. Here’s how market forces, not politics, killed the oil boom—and why new pipelines won't save ...

Nigeria has achieved a significant milestone by meeting its Organisation of Petroleum Exporting Countries (OPEC), crude oil ...

Trump’s promotion of fossil fuel-driven growth poses significant challenges, but there are mitigating factors as well.

Crude producers should reserve a fixed percentage of their output for local refiners before exporting any surplus.

Petroleum futures regained their footing Thursday, a day after crude prices lost nearly $2 and refined product contracts shed 2%-3% on potential Ukraine peace talks and after Fed Chair Jerome Powell ...

The stocks of oil majors Chevron (CVX), Exxon Mobil (XOM), and Occidental Petroleum (OXY) are up about 1% each after the ...

NYMEX RBOB gasoline futures for April 2025 delivery reached a $2.0049 per gallon wholesale low on September 10, 2024.

Nigeria’s crude oil production reached an average of 1.53 million barrels per day (bpd) in January, marking the first time ...