U.S. President Donald Trump has set a Saturday deadline for imposing 25% tariffs on imports from Mexico and Canada unless the ...

Crude oil trader Julien Roper left Switzerland-based commodities trader Mercuria on Thursday, five trading sources with ...

There's a possibility that ULSD futures can eke out a gain for the week, with the lightly traded February contract climbing 2.26cts to $2.50/gal, about 0.6% lower than a week earlier. March prices ...

Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...

Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...

Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.

During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.

There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and ...

U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

Crude and gasoline inventories saw moderate increases while middle distillate inventories saw a strong draw last week ...

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...

Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.