Crude oil pricespared most of their gains on easing geopolitical tension. It hit a low of $70.20 and currently trading around ...

Cushing has seen a dramatic increase in its tankage and pipeline connectivity, solidifying its position as the world's ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

Ample crude supplies overshadow U.S. threats to curb Iranian oil exports, leading to a fourth consecutive week of falling ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum ...

Russia's oil production may decrease due to U.S. sanctions affecting tanker access and Ukrainian drone attacks crippling ...

Petrol marketers have made a strong accusation to the Nigerian oil-producing companies about the diversion of 500,000bpd of ...

Gasoline inventories reportedly show a draw of 2.5M barrels for the week, distillate inventories show a draw of 590K barrels, and stockpiles at the Cushing, Oklahoma, storage hub show a build of ...

With a limited supply of sanctions-proof cargoes, discounts for Russian Urals crude to dated Brent have narrowed to ...