Crude oil price has dropped to $59 for the first time since February 2021. The current oil price threatens Nigeria's oil revenue, as it is lower than Nigeria’s 2025 budget benchmark of $75 per barrel.

Oil prices dropped for a fifth day on Wednesday, hitting their lowest level since February 2021, after U.S. President Donald ...

Oil prices dropped for a fifth day on Wednesday, hitting their lowest level since February 2021, after U.S. President Donald ...

The Caspian Pipeline Consortium is operating at two of the three moorings at its Black Sea export terminal after a Russian ...

President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn ...

Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ...

The Keystone Pipeline in North Dakota was shut down Tuesday after reports of a "bang" and spilled oil, according to officials ...

The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.

The plunge in oil prices over the past week was more severe than the market’s dynamics justify, and the drop may be ...

Lower energy prices are one of Trump's campaign promises, but an oil price crash could hit US producer margins.

A year later, oil prices had plunged below $10 a barrel, and the policy mistake lives forever in OPEC’s memory as the “Ghost ...

Oil prices fall to their lowest level since April 2021 and OPEC announces it will increase production. Lowering energy costs ...