Oil headed for its highest close since June 2015 while trading volume surged after U.S. industry data showed crude stockpiles resumed

Oil held near $55 a barrel as traders who were once certain OPEC and Russia would extend their output cuts beyond March aren’t so sure

When BP Plc goes to Abu Dhabi this week, where big oil companies will be jostling for access to the Emirate’s offshore riches, the

The Nigerian National Petroleum Corporation (NNPC) has pledged to provide more support to indigenous companies in Nigeria’s Oil and

Oil steadied in New York before weekly data on crude inventories in the U.S., the world’s biggest oil consumer. Futures were little

Emmanuel Ibe Kachikwu, Nigeria’s oil minister said the country supports an extension of a deal between OPEC, Russia and other

By Irina Slav     Last week, a Bloomberg energy journalist tweeted from Riyadh, wondering why there are no mass celebrations

A quarter of the world’s oil refineries risk closure by 2035 if governments of countries meet targets to limit fossil fuel burning in

Tensions in Iraq between the semi-autonomous northern region of Kurdistan and the central government in Baghdad weighed on OPEC’s

Gas flare rate in Nigeria’s petroleum industry worsened in August to stand at 12 percent, up 1.97 basis points from 10.03 percent in