Nigeria is once again seeking to repair its fragile revenue system, but the risks this time are significantly higher than in previous reform efforts. SAMI TUNJI examines how the far-reaching new tax ...

Deliveries of Russian oil to India are projected to decrease to around 600,000 barrels per day next month. (AI image) Donald Trump’s sanctions on Russian crude majors may have the effect of India’s ...

The January Arab Light crude oil official selling price to Asia dropped to $0.60 a barrel above the Oman/Dubai average, marking a five-year low. (Bloomberg) Organisation of the Petroleum Exporting ...

Tullow Oil Plc sank to a record low, with trading of the shares briefly halted in London, after the company raised its net debt forecast as it holds talks with creditors over various options. The ...

TAMPA, Fla. — When cold weather is in the forecast, taking care of your vehicle may be one of the first things that comes to mind. You may consider letting your engine warm up before driving or ...

The two biggest U.S. oil companies increased production in the third quarter and reported lower but still robust profits. By Rebecca F. Elliott Oil prices have fallen, climbed and fallen again over ...

CLEVELAND — "High pressure means sun and fun, Low pressure means doom and gloom." This little quip is how I explain the impacts of high and low pressure in the atmosphere, but not all pressure systems ...

The pipes are churning, and sand and water are flowing once again as America’s oil executives focus on increasing domestic supply and aim to bring prices to a "low point" in 2026. "We're prepared for ...

Gasoline prices have fallen to just over $3 per gallon. That’s good news for consumers and the Trump administration after President Trump promised to bring down prices, but it could complicate a ...

Oil extended a slump to a fresh five-month low as mounting concerns over a long-anticipated supply glut outweighed broader financial market strength. West Texas Intermediate eased to settle near $58 a ...

Crude oil supply in the United States will likely plateau and even slightly decline if the price of oil remains in the low $60s or drops further, one top oil executive warned. For months, oil and gas ...