The rise in crude oil prices is causing a surge in petrol costs in Nigeria, with some filling stations already selling the commodity at N900 per litre.

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U.S.-India Relationship Appears to Fray Over Russian Oil Purchases

India has also come under Trump’s fire as a member of intergovernmental grouping BRICS, which is led by U.S.-sanctioned countries Russia, China and Iran, as well as Brazil and South Africa. Trump ...

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Oil slips after OPEC+ agrees to another big output hike in September

Oil prices slipped in early Asian trade on Monday after OPEC+ agreed to another large production hike in September. Brent crude futures fell 43 cents, or 0.62%, to $69.24 a barrel by 2218 GMT while U.

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Indian Oil Corp buys 7 million barrels US, Mideast crude after Russian oil pause: report

Indian Oil Corporation has purchased seven million barrels of crude oil. The oil is sourced from the United States, Canada, and the Middle East. This purchase follows a pause in buying Russian crude ...

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WTI climbs to near $67.00 despite persistent concerns over Oil oversupply

US President Donald Trump has threatened to impose 100% secondary tariffs on Russian crude buyers to pressure Moscow to end its war in Ukraine by August 8. LSEG trade flows showed on Friday that at ...

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