MANILA, Philippines – Motorists should brace for a big-time fuel price increase this week, with oil firms announcing a hike of up to P1.70 per liter. This comes after two consecutive rounds of ...

to a sudden slowdown in U.S. shale-oil production. The politics of energy have shifted, too, upending fast-growing industries such as solar power. Nonetheless, some investors see opportunities ...

A federal agent testified Friday about how disgraced hip hop mogul Sean “Diddy” Combs had baby oil, lubricant, drugs and cash stashed all over the New York City hotel room where he stayed ...

Nicknamed the “champagne of crude oil”, Murban oil –of which a drop was encased and gifted to visiting US President Donald Trump on Friday– is a high-quality, “light, and sweet” crude ...

U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising ...

(Bloomberg) — Washington’s sanctioning of a Singapore-based oil-services company has sent ripples through the local trading community, while renewing a focus on the clandestine supply chain that moves ...

JAKARTA -- Indonesian exports of crude palm oil are expected to drop during 2025 due to increased domestic biofuel policy mandates but prices are likely to rise because of this, U.S. tariffs ...

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $60.97 per barrel, down from Wednesday’s close at $62.45. Brent Oil Exchange Rate (Brent ...

President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the topic ...

Canadian oil tycoon Adam Waterous’s Strathcona Resources Ltd. agreed to sell its assets in the Montney shale formation in western Canada in a shift that makes it a pure heavy oil producer.

In a move to bolster its production capacity and deepen its footprint in Nigeria’s energy sector, Seplat Energy has unveiled plans to revive over 400 idle oil wells across its operational assets.

Two years on, that single statement has restructured Nigeria’s oil economy, freed trillions for development and ended an era of fuel scarcity. More than a policy shift, it marked a reckoning ...