Oil prices settled higher on Wednesday after data showed a larger-than-expected drop in U.S. crude inventories and as ...

CNOOC Ltd reported a 13% drop in first-half earnings despite record oil and gas production, primarily due to declining ...

A US government report on Wednesday painted a mixed picture of the domestic oil market. While refinery runs were down in all ...

All major Russian oil companies faced a two- to three-fold drop in profits in the first half of 2025. Source: The Moscow ...

Oil prices fell on Friday, but were set for a weekly gain, tugged between uncertainty about Russian supply and expectations of lower demand as the summer driving season in the United States, the world ...

The outlook for economic growth in the major oil consumption economies, the U.S. and the Eurozone, is very weak. Click here ...

U.S. gasoline stocks fell by 1.2 million barrels compared with analysts’ expectations in a Reuters poll for a 2.2 ...

Oil prices settled higher on Wednesday after data showed a larger-than-expected drop in US crude inventories and as investors weighed the potential impact from new US tariffs on India.

There is some good news for South Africans on the horizon with reduced petrol and diesel prices in September. This is due to ...

The National Bureau of Statistics (NBS) has revealed that the average retail price of Premium Motor Spirit (PMS), popularly ...

As Labor Day 2025 nears, Americans are enjoying the lowest gas prices since 2020, averaging $3.15 per gallon. This decrease ...

While prices continue to trade within a $5 band this month, West Texas Intermediate’s so-called prompt spread — a measure of ...