Tariffs on crude oil — or witholding it entirely — in response to Trump's threats would cause pain on both sides of the ...

Sasol CEO Simon Baloyi, who took over the role in April, said in an interview with Bloomberg that they viewed the group’s ...

In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President ...

Speaking at the third Libya Energy and Economy Summit in Tripoli on Saturday, Sulaiman announced that Libya's oil sector is ...

Oil prices rise as U.S. sanctions tighten supply and seasonal demand surges. Can crude break through $80 and sustain its bullish momentum this week?

Sanctions Relief Under New US Leadership: With President-elect Donald Trump set to assume office soon, there is speculation ...

Short term, Babin expects Trump's policies to likely lead to higher oil prices, particularly if geopolitical risks escalate or sanctions tighten. However, "in the longer term, aggressive use of ...

It noted that marketers buying between two million and 4.99 million litres would now buy at N955/litre, while five million ...

Petrol prices in Nigeria have increased to between N1,050 and N1,150 per litre, varying by location after Dangote increased its prices.

With the 2025 national budget targeting crude oil production of 2.062 million barrels per day (bpd) at $75 per barrel, the ...

State senators have thrown their support behind two measures designed to incentivize enhanced oil recovery production in Wyoming. On Friday, the Senate Minerals, Business and Economic Development ...

Oil minister Hardeep Singh Puri on multiple occasions has said that the government is also constantly engaging with international oil and gas companies to boost domestic output.