ExxonMobil announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block ...

UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.

Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in US fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger dollar.

The Federal Government is set to earn about N6.99tn monthly from the oil sector as the Nigerian National Petroleum Company ...

Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...

U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January ...

Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...