Around 84 per cent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, ...

Rising oil prices and strong cash flow make Occidental Petroleum a top pick. Learn how OXY stock's strategy mitigates risk ...

Sable Offshore presents a compelling long-term investment with production restart, a valuation discount, and potential ...

Like other central banks globally, the CBN has remained laser-focused on inflation. Its adoption of an inflation-targeting ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

Retail outlets under the nameplate of the Nigerian National Petroleum Company Limited effected an upward adjustment in the pump price of the Premium Motor Spirit, also known as petrol, to N945 per ...

Operatives of the Economic and Financial Crimes Commission have arrested a former Chief Financial Officer of the Nigerian National Petroleum Corporation Limited, Umar Isa.The arrest was in connection ...

Surely, Nigerians understand that. If anything, it seems the way to go. Most certainly, it is a far cry from the chant which comes basically to putting Nigeria’s leading entrepreneur to the sword, and ...

Thailand is imposing new border restrictions including blocking tourists from entering Cambodia as the two countries engage ...

The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...

Analysts widely expect any move to restrict the flow of shipping traffic in the Strait of Hormuz to bring a spike to oil ...

Following America's bombing of nuclear sites in the Middle East, petroleum analysts stated they anticipate an increase in oil and gasoline prices.