West Texas Intermediate crude dropped over 6% Monday as Trump signaled a potential deal to reopen the Strait of Hormuz to global oil shipments. Diesel prices surged from $3.56 to $5.13 per gallon ...

Nigeria's National Economic Council on Monday approved the refinancing of NNPC Limited's $3.3 billion oil-backed pre-export finance facility through a ‌new $4.5 billion arrangement aimed at ...

A freeze on Rio Tinto approaching Glencore for a takeover expires this week, but people who have been briefed by top executives don't expect any fresh tie-up talks for now as CEO Simon Trott focuses ...