The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 on Friday as U.S. prices rose on a sliding rig count and Canadian wildfires ...

Dangote Petroluem Refinery has looked to the United States for crude oil as its processing level increases while Nigeria ...

Crude futures rise to multiweek highs amid optimism that U.S. engagement this week with China could lead to trade agreements.

WTI oil tests new highs as traders react to the better-than-expected Non Farm Payrolls report. If WTI oil moves above the $65 ...

Nigeria’s Dangote Refinery is importing rising volumes of U.S. WTI crude as domestic supply struggles and American grades ...

Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...

West Texas Intermediate (WTI), futures on NYMEX, trades sideways around $62.20 during European trading hours on Friday. The Oil price consolidates as investors await the United States (US) Nonfarm ...

Oil prices dipped in early trading but are on track for a weekly gain of more than 3% after President Trump and Chinese leader Xi Jinping agreed to further trade talks. Still, expectations the OPEC+ w ...

Upside for crude oil is likely to remain limited while OPEC+ maintains a trajectory of production hikes. Click to read.

Brent oil moved higher as traders focused on the continuation of trade talks between the world’s biggest economies. The ...

Since our last report oil prices remained relatively stable. In today’s report we are to have a look at some key issues that tend to tantalise oil traders, primarily related to the demand and supply ...