Reports of Israeli airstrikes on Gaza and fresh U.S. sanctions on Iran pushed crude oil prices higher, reigniting worries about inflation and raising bets the Federal Reserve may delay rate cuts.

Oil prices were mixed in early trading, with Brent crude flat at $72.01 a barrel and WTI up 0.1% at $68.20 a barrel. Oil ...

Crude oil prices are set for another weekly gain, driven by new U.S. sanctions on Iran's energy industry and OPEC+ efforts to ...

The Naira started Friday's session at N1,580/$ per dollar in the parallel market, down from N1,590/$ on Thursday, despite the ...

Despite new US sanctions imposed in January, Russian oil exports have remained largely unaffected and continued almost as ...

Heavily subsidised fuels are being smuggled out of the country and sold abroad, helping sustain its rival political factions ...

Asian shares are mixed after Wall Street retreated as investors were rattled by uncertainties brought by U.S. President ...

Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to maintain transparency and account for changes in global market conditions. These daily revisions take into account ...

Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East countered strength in the dollar.

Oil prices have held steady above $70/bbl, supported by geopolitical risks, stronger-than-expected demand, and declining ...

Crude oil futures ended Thursday with back-to-back gains as the U.S. Treasury Department stepped up actions to enforce sanctions against Iranian crude, including designating a Chinese refining company ...

Alaska could see the biggest jump in crude oil production in decades thanks to new developments, said the Energy Information ...