The producer group continues to ​see a smaller impact ​on consumption since the Iran war ‌started ⁠than…

On a weekly ​basis, the benchmarks were trading nearly 13% higher - the steepest gain…

The transaction is expected to close in late 2026, subject to regulatory approvals, including US…

Sharply ​higher oil and fuel prices have been the most visible indicators of the toll…

The rally accelerated this week after Iran-backed Houthi attacks on Saudi energy facilities set oil installations ablaze,…

Trump said in a post on X that oil prices would decline sharply after the…

The refinery is expected to help Kenya reduce its dependence on imported petroleum products. It…

Nigeria's Dangote refinery has ​emerged as a winner this year as wars involving the United…

Alternative export routes, non-OPEC supply and weaker demand helped limit oil’s rally even as Gulf…

Traffic increased through the Bab el-Mandeb strait, however, another ​major waterway ​for commodity ⁠vessels.