Fuel prices are expected to go down slightly this week following the announcement of a ceasefire between Israel and Iran, ...

In the commodities market, Brent crude for September 2025 settlement was down 2.68% at $68.63 a barrel. Lower crude oil ...

Consumption is shifting toward petrochemical production, while alternative fuels and electrification are expected to drive ...

Bangladeshi energy firm Omera Petroleum is set to acquire the local operations of French company Totalgaz in a deal valued at $32 million, or approximately Tk390 crore. The acquisition will strengthen ...

Rising oil prices and strong cash flow make Occidental Petroleum a top pick. Learn how OXY stock's strategy mitigates risk ...

Like other central banks globally, the CBN has remained laser-focused on inflation. Its adoption of an inflation-targeting ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

Surely, Nigerians understand that. If anything, it seems the way to go. Most certainly, it is a far cry from the chant which comes basically to putting Nigeria’s leading entrepreneur to the sword, and ...

Thailand is imposing new border restrictions including blocking tourists from entering Cambodia as the two countries engage ...

The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...

Analysts widely expect any move to restrict the flow of shipping traffic in the Strait of Hormuz to bring a spike to oil ...

Following America's bombing of nuclear sites in the Middle East, petroleum analysts stated they anticipate an increase in oil and gasoline prices.