Independent Petroleum Marketers Association of Nigeria (IPMAN) said its members now patronise Dangote Refinery following the ...

In December, the OPEC Reference Basket (ORB) rose by nine cents, or 0.1 percent, m-o-m, to average USD 73.07/b, according to OPEC Monthly Oil Market Report January 2025 ...

Oil prices were stable in early trade today, Jan. 16, after gaining nearly 3% the day before on a larger-than-expected drop ...

Oil prices steadied on Thursday a day after settling at multi-month highs on the latest U.S. sanctions on Russia and a larger ...

Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...

Ship & Bunker's G20-VLSFO Index lost $2/mt to $608.50/mt on Wednesday, having reached its highest level since October 14 the ...

Brent crude is holding near the highest since July with support from supply concern due to US sanctions on Russia and after a ...

Crude oil prices continued to rally on Thursday as a drop in US stockpiles and softer inflation buoyed sentiments in the ...

Oil prices gained for a second session on Thursday, supported by worries over supply amid U.S. sanctions on Russia, a larger-than-forecast fall in U.S. crude oil ...

In its monthly market snapshot on Wednesday, the IEA said the 160 tankers sanctioned by the US last week had shipped more ...

Brent has broken above US$82/bbl. Falling US crude oil stocks and uncertainty over Russian oil supply following US sanctions, ...