Oil prices edged up for a second day on Friday on expectations that a weekend meeting of the world’s top oil producers would ...

The agreement by the oil producing nations to cut about 2 million barrels of crude oil off the market commenced yesterday giving hopes ...

Oil prices steadied on Thursday after a surprise increase in U.S. inventories helped stall an upward trend that has pushed global crude benchmarks ...

Oil prices jumped on Friday as evidence increased that producers in the Middle East were informing customers of upcoming supply cuts as part ...

A rally in the oil PRICE will not extend much further and will be capped in the low $50s, say analysts. Dennis Gartman, ...

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has revealed that despite the rise in crude price due to product ...

Oil swept to a six-week high on Thursday after OPEC agreed to cut crude output to help clear a glut, while sterling hit ...

OPEC began on Wednesday debating a deal to curtail oil production and prop up the price of crude, with Iran and Iraq resisting ...

Oil prices dipped Tuesday as expectations dimmed of an OPEC agreement to reduce the cartel’s gushing of crude into the massively saturated global ...

Oil prices gained more than two percent on Monday in volatile trading after falling as much as two percent, recouping losses as the ...