WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...

Nigeria’s crude oil production grew 35,000 barrels per day in October, rising to about 1.085 million barrels for the month ...

The Organisation of Petroleum Exporting Countries (OPEC) yesterday lowered the demand forecast for crude oil amid tumbling prices as Nigeria pumped 1.4 million barrels of oil per day in October. The ...

WTI futures traded around $71.26 per barrel, as of 9 a.m. ET. That’s an increase of 0.79% in the last 24 hours.

Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...

The American Petroleum Institute industry group data is due at 4:30 p.m. EST (2130 GMT) on Wednesday. Analysts polled by ...

Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024.

Signs point to stable to lower crude oil prices in 2025 because global production is expected to easily keep up with ...

A major US oil industry lobbying group is pushing for President-elect Donald Trump and the Republican-controlled Congress to ...

Oil futures rose Tuesday, bouncing after back-to-back losses that sent the U.S. benchmark back below the $70-a-barrel ...

Nigeria expects a 30% increase in crude and condensate output as authorities strengthen security around the nation’s oil infrastructure and incentives in the sector attract investment, even though the ...

Crude oil futures slump on concerns about Chinese demand and limited impact from Hurricane Rafael; Biden administration buys ...