Potential supply disruptions due to geopolitical tensions and increasing demands could cap the downside for WTI.
Oil prices rose more than 1% on Thursday as cold weather gripped parts of the United States and Europe, boosting winter fuel demand.
The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.
OIL prices rose more than 1 per cent on Thursday (Jan 9) as cold weather gripped parts of the United States and Europe, ...
The new company's natural gas production accounts for 5 percent of global LNG supply. The company reported in June that ...
The Federal Trade Commission (FTC) announced a record $5.6 million civil penalty to settle allegations that three crude oil producers engaged ...
Gas prices are a politically sensitive barometer of the economy for Americans. In a petroleum-dependent, mobile society, the ...
The upward momentum in crude oil prices at the start of the year has prompted analysts at Citi Research to raise their first-quarter estimate for benchmark crudes, while they remain bearish for the ...
Saudi Arabia's crude oil supply to China is set to decline in February from the month before, after the kingdom hiked its prices and as OPEC+ extended production cuts in the first quarter.
It appears that the Trump administration plans to let oil companies drill in parts of America and offshore areas. This will ...
Oil market sentiment appears to have improved significantly over the past month, analysts at Standard Chartered Bank said.
Oil edged lower in early European trade, but broader concerns of an oversupplied market this year and uncertainties over Chinese growth limit the upside.