In the summer of 2010, panic spread across the region when the Deepwater Horizon oil rig exploded​ in the Gulf.

Drillers in Canada’s energy heartland of Alberta are shifting their focus to natural gas as the global trade war and an OPEC+ ...

Oil has become Newfoundland’s leading commodity, accounting for 18 per cent of the province’s GDP, and the sector is looking ...

W ASHINGTON, 12th April, 2025 (WAM) – U.S. crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million barrels per day (b/d). Despite this new ...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the recent drop in global crude oil prices has sparked hopes of a corresponding reduction in petrol prices in ...

In Wednesday's budget, the Department of Finance announced that it expects Brent crude oil prices to average $73.90 US per barrel in 2025. The province also projects that offshore royalties will ...

In Wednesday's budget, the Department of Finance announced that it expects Brent crude oil prices to average $73.90 US per barrel in 2025. The province also projects that offshore royalties will ...

The price of Brent crude oil has fallen to $61 per barrel from an average of $79 per barrel in January, when the Trump administration took charge. There are several reasons for the sharp fall.

U.S. crude oil inventories rose for a second consecutive week amid an increase in net imports, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude ...

The price of WTI Crude oil is around $57.70, and Brent is at $60.69. Experts warn of further declines due to escalating trade tensions.(Photo: Bloomberg) Both benchmarks have tumbled over the five ...

BISMARCK — A malfunction in the Keystone pipeline system caused an estimated 3,500 barrels, or about 147,000 gallons, of crude oil to spill into a field near Fort Ransom on Tuesday, April 8 ...

The ongoing tariff war is shaking the markets, and it has its impact on oil prices, too. The value of crude oil is falling quickly, pushing the price of WTI oil below $60 per barrel. Adding to the ...