Nigeria, Africa’s leading producer of crude oil, has increased its imports of U.S. WTI crude due to the Dangote Oil ...

More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada's oilpatch next week ...

U.S. oil prices were up by about 1.8% at about 11:20 a.m. ET, with the July West Texas Intermediate contract up by $1 to $64.37/bbl. The August WTI contract was 87cts higher at $63.32/bbl.

Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.

Nigeria’s Dangote Refinery is importing rising volumes of U.S. WTI crude as domestic supply struggles and American grades ...

Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...

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Broker Clarksons puts the newbuilding price of a conventional marine fuelled VLCC at $125m, down 3% from last year’s pricing ...

Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...

New oil industry data shows Powder River Basin wells breaking even at $60 per barrel as global market forces create challenges and opportunities.

In 1977, in the aftermath of a devastating oil embargo by Arab members of OPEC, America's political leaders called for strong action. Congress responded by creating a strategic petroleum res ...

Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...