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.

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 ...

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 ...

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

Asian shares were mostly higher Wednesday as a cautious sense of relief spread through regional markets after the U.S. and China agreed to a 90-day pause in their trade war.

Front Month ICE Brent Crude for July delivery gained $1.67 per barrel, or 2.57% to $66.63 today --Largest four day dollar and percentage gain since Monday, Oct. 7, 2024 --Longest winning streak since ...

Crude oil futures climbed more than $1.60 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs and a ...

The Department of Energy/Energy Information Administration average weekly retail diesel price dropped 2.1 cents a gallon to $3.476 effective Monday, announced on Tuesday. The five-week decline from $3 ...

President Donald Trump was in Saudi Arabia on Tuesday, the first leg of his three-nation visit to the Middle East this week meant to tackle multiple crises and conflicts across the region. He was ...