Brazil’s Petrobras has signed an agreement to acquire 75 per cent stake and assume operatorship of Block 3 offshore São Tomé ...

Nigerian rapper 6uff has laid bare one of the most dramatic reversals of fortune in recent memory, recounting how his family went from controlling a billion-naira oil business to struggling to put ...

In a speech to the nation on April 1, President Donald Trump spoke of the Iran war, and the contest for control of the Strait of Hormuz, as if their outcome had little bearing on the market for oil ...

Oil prices posted their biggest one-day percentage decline in almost six years on Wednesday after the U.S. and Iran agreed to a two-week cease-fire, but U.S. and global benchmark crude ended above ...

Crude oil inventories in the United States increased by 3.1 million barrels during the week ending April 3, according to new data from the U.S. Energy Information Administration (EIA) released on ...

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. Oil prices are rising which makes the costs of ...

Oil prices fell sharply while global stock markets surged Wednesday after the United States and Iran agreed to a conditional two-week ceasefire that includes reopening the Strait of Hormuz. The price ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The American Petroleum Institute (API) estimated that crude ...

U.S. oil prices fell sharply late Tuesday as President Donald Trump announced a two-week ceasefire in the Iran war just hours before his deadline.

The Iran war will continue to disrupt global oil supplies even if a ceasefire in the region leads to a swift reopening of the Strait of Hormuz, according to a new analysis. Henning Gloystein, managing ...

Six weeks ago, the world was practically swimming in crude oil. The market was oversupplied and prices were low and stable. But now, some parts of the energy market are acting like the world is on the ...

Guardians and Airmen at Vandenberg Space Force Base supported the launch of a Minotaur IV rocket carrying the Space Test Program (STP)-S29A mission at 4:33 a.m. PT on Tuesday, April 7, from Space ...