Brent crude futures for August were up 46 cents at US$121.63 a barrel as of 0642 GMT after falling to as low as US$120.65 earlier in the session
Prices of petroleum products are expected to witness one of the biggest jump in recent times, from Thursday, June 16, 2022
Drivers in northeast England are feeling the biggest crunch, while Londoners are using less of their wages than rest of the country.
U.S. West Texas Intermediate (WTI) crude fell 22 cents, or 0.2% to US$120.71 a barrel at 0353 GMT, while Brent crude futures eased 25 cents, or 0.2%, to US$122.02 a barrel
Nigeria has vowed to sanction oil and gas companies that fail to comply with the Human Capacity Development provisions contained in the country’s Oil and Gas Industry Content Development Act.
A Biden statement attempting to address May inflation data contained harsh words—both for the oil industry as a whole and Exxon specifically.
The number of total active drilling rigs in the United States rose by 6 this week, after drilling increases stalled out in the week prior, according to new data from Baker Hughes published on Friday.
Tullow Ghana has confirmed the discovery of a new gas reserve, estimated to hold between 1.5 and two trillion cubic feet (TCF) of the hydrocarbons offshore Cape Three Points in the Western Region.
ExxonMobil stock saw a more than 2% boost in share prices on early Wednesday trading, marking a significant comeback for an oil giant that has recently fallen out of favor with Wall Stree
Yinson Holdings and partner Sumitomo Corporation have held the naming ceremony of the Anna Nery FPSO