Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...

Irving Oil Ltd., owner of Canada’s largest refinery, will remain a stand-alone company after ruling out a sale of the family ... has a capacity of 320,000 barrels a day, and its Whitegate ...

Trump has threatened to impose 25% tariffs on all Canadian imports. “We have to respond to the challenge we’re facing,” ...

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 2.0 million barrels from the week ending January 3 to the week ending January 10 ...

Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...

Commercial crude stockpiles are estimated to have fallen by 1.1 million barrels to 413.5 million barrels in the week ended Jan. 10, according to the average forecast of 10 analysts and traders. Seven ...

According to the Executive Director of Okposon Security Services, Mr David Nwogu, crude oil production in Abia State has increased from 8,000 /10,000 barrels per day it hovered before August 2024 ...

LONDON (Reuters) -Oil extended gains for a third session on Monday, with Brent crude rising above $80 a barrel to its highest in more than four months, driven by wider U.S. sanctions on Russian ...

The cap is a ground-breaking initiative introduced by G7 allies in late 2022 to limit the seaborne trade of Russian crude oil at $60 per barrel. The mechanism prohibits Western companies from ...

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 573.09 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.86 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.49 ...

OLIVER BUNIC/AFP via Getty Images On Monday, Brent crude—the benchmark used for the light oil market in Europe, Africa and the Middle East—rose above $80 a barrel to its highest in more than ...

Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as investors assess the potential hit to supply from a further tightening of U ...