Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected ...

Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Trump and Russian leader ...

U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...

"However, OPEC's demand forecast is very optimistic, with expected increases of 1.3 million and 1.4 million barrels per day ...

Oil prices eased on Friday as traders awaited talks between U.S. President Donald Trump and Russian leader Vladimir Putin, ...

Under President Joe Biden, American appeasement policies kept the Russian economy running hot, even as Biden refused to talk.

Chevron has shipped its first Venezuelan oil cargoes to the US under a renewed license, marking a shift in US-Venezuela ...

Crude oil and gasoline futures were lower ahead of midday Friday, leaving oil contracts on track for another week-to-week decline as the market awaits the outcome of a meeting between President Trump ...

Oil markets have seen thin liquidity and rangebound prices this week, with ICE Brent hovering near $66 a barrel as traders ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

A Russia-Ukraine peace accord would lower fuel prices, but any stalemate or escalation is a boon for the oil industry.