Petrobras is pursuing a return to Nigeria's oil sector, targeting frontier deep-water acreage as the two countries prepare for their strategic dialogue in June, according to Nigerian officials quoted ...

Simultaneously, the Singapore HSFO 180cst, the main index for Asian bitumen pricing, fell from $450/t to $390/t, down 13%. As ...

Oil prices eased on Wednesday after government data showed US crude oil stockpiles rose unexpectedly last week, prompting investor concerns of excess supplies.

The West Texas Intermediate for June delivery decreased 52 cents, or 0.82 percent, to settle at 63.15 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery dropped ...

Crude futures settled lower after four straight sessions of gains, with the market seeing a bearish tilt in an inventory build and OPEC keeping its demand growth estimates unchanged while returning ...

Front Month ICE Brent Crude for July delivery lost 54 cents per barrel, or 0.81% to $66.09 today --Largest one day dollar and percentage decline since Wednesday, May 7, 2025 --Off 24.41% from its ...

WTI oil moved away from session lows as traders reacted to the EIA report, which indicated that crude inventories increased ...

In the spot market, Chicago RBOB prices rose by around 4cts to $2.21/gal, which was the most expensive east of the Rockies, driven by active refiner buying after the latest EIA data showed a 1.5 ...

The oil markets continue to see a lot of buyers on dips, but we did slow down a bit in the early hours of Wednesday. That being said, it looks like traders are trying to force the market higher, ...

Supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 800,000 barrels ...

Türkiye's benchmark stock index opened Wednesday at 9,700.27 points, slightly up by 0.10 points from the previous close. On ...

Oil prices moved higher amid threats of tougher sanctions on Iran in the absence of a nuclear deal. Lower sugarcane crush ...