Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia and Iran. Brent crude futures gained ...

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Dangote refinery is building 6.3 million barrels capacity storage for imported crude oil – Report

The Dangote Petroleum Refinery is building eight new storage tanks with a combined capacity to hold 6.3 million barrels of ...

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Gold price, WTI crude oil price and natural gas price higher in early trading

Early trading has seen more gains for commodity prices, lifting gold to its highest level since mid-December. ​The spot gold price has made steady gains over the past week, helping to reassert a ...

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Oil Prices Extend Gains for the Third Week in a Row

Colder weather than expected is driving up global oil demand for heating purposes, leading to a rise in oil prices for the third consecutive week.

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Saudi crude oil supply to China set to fall in Feb vs Jan, sources say

Saudi Arabia's crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, after the kingdom hiked its prices and as OPEC+ extended production cuts ...

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