Despite recent profit declines, Chevron's balance sheet remains solid with $9B in cash and a low net debt-to-equity ratio of ...

Enroll Now!The Federal Government has announced that it has started selling crude oil and other refined products in naira.The ...

A blockade of the Strait of Hormuz would be particularly alarming for India since it’s the route it uses to get oil from Iraq ...

After 64 years of independence and over six decades of oil exploration, crude oil accounts for less than 10 percent of ...

An about 20% rise in the global price of a barrel of oil is predicted if Israel launches missile attacks against Iranian oil fields.

Oil prices climbed this week as tensions in the Middle East escalated. A jump in oil prices automatically spurs fear of a ...

Don't assume "an eye for an eye" response as Israel contemplates its next move against Iran and its proxies, with a top ...

As Nigeria's oil and gas sector continues to dominate the economy, the importance of oil terminals—commonly referred to as tank ...

State producer Saudi Aramco increased the official selling price of its main Arab Light crude grade by 90 cents to a premium of $2.20 a barrel against the regional benchmark for buyers in Asia, accord ...

Crude prices notched their biggest weekly rises in almost two years as traders speculated that Israel or Iran could strike ...

Iran's oil minister landed on Kharg Island, home to the country's main export terminal, and held talks with a naval commander ...

Whatever happens, oil prices look set to be nearer $50 a barrel than $100 for the foreseeable future. Only an all-out war in the Middle East can change that outlook.