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

U.S. oil prices were up by about 1.8% at about 11:20 a.m. ET, with the July West Texas Intermediate contract up by $1 to $64.37/bbl. The August WTI contract was 87cts higher at $63.32/bbl.

Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.

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

Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump ...

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

Broker Clarksons puts the newbuilding price of a conventional marine fuelled VLCC at $125m, down 3% from last year’s pricing ...

Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.

Near-term progress in a renewed nuclear agreement between the United States and Iran could add further downward pressure to a ...

Photo: Alamy The price of eggs has fallen sharply since President Donald Trump took office, according to a new statement from ...

Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.

Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...