The eight OPEC+ countries comprise Saudi Arabia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, Oman, and Russia. The group had ...

Motorists and transporters are now hoping that further reductions will follow if global crude oil prices continue to fall in ...

Motorists are in for slight relief at the pump starting Tuesday, July 8, as oil firms roll back fuel prices for a second ...

U.S. and global benchmark oil prices have lost 9% so far this year with tensions in the Middle East having eased back and as oil flows through the [key Strait of Hormuz waterway]( ...

Crude prices retreated from last week’s surge in the aftermath of Israel’s strikes on Iran, tumbling 12% in the biggest ...

(Reuters) -U.S. crude futures fell on Tuesday to their lowest level in more than a week as U.S. President Donald Trump said a ...

In stock markets abroad, indexes rallied more than 1% everywhere from France to Germany to Japan following the announcement ...

The probability of a major oil supply disruption such as closure of the Strait of Hormuz estimated from options has fallen to ...

Oil prices are dropping further, and U.S. stocks are pulling closer to their all-time high on hopes that Israel’s war with ...

Oil prices fell 6% on Tuesday to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the Middle East.

Oil prices dropped in Tuesday trading, as traders have learned that "no wars will stop the flow of oil," said Manish Raj, ...

Several days after Dangote Refinery reduced its ex-depot prices, marketers and filling stations have slashed their prices, ...