Oil prices fell more than 2% on Monday on signs of progress in talks between the U.S. and Iran while investors remained ...

U.S. crude oil inventories rose by 515,000 barrels, while gasoline and distillate stockpiles fell as refineries lowered their ...

The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result ...

Crude oil stocks, not including the SPR, stood at 442.9 million barrels on April 11, the EIA's latest weekly petroleum status ...

Oil futures fall over 2% on Iran nuclear deal progress and OPEC+ output plans, pressuring crude oil prices and dimming ...

May crude prices managed to stair-step higher this week albeit, on thin volume, during this Good Friday holiday shortened ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.4 million barrels ...

Nigeria's crude oil production has fallen from 1.5 million barrels in January to 1.40 million barrels daily, from 1.465 in ...

The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate ...

The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate ...

Despite an increase in domestic oil reserves, Pakistan relies on imports, too, to meet its demand. Last year, crude oil imports averaged about 137,000 barrels per day (bpd), with most of the ...

Rupee strengthens against the dollar, supported by foreign fund inflows, lower crude oil prices, and positive market ...