Oil prices settle lower as U.S. crude supplies fall but product stocks rise Weekly gasoline stockpiles climb by more than 6 million barrels, EIA says Last Updated: Jan. 8, 2025 at 3:22 p.m. ET ...

Crude and gasoline prices today are mixed, with crude falling to a 1-1/2 week low. Crude is under pressure today from a stronger dollar and President Trump's threat to impose a 10% tariff on ...

Prices of Canadian and U.S. West Texas Intermediate crude oil to Asia jumped after shipping costs rallied on concerns that wider U.S. sanctions on the Russian fleet are tightening ship availability, ...

Dangote Refinery has explained petrol price increase, citing 15% rise in international crude oil prices as the main cause. The Dangote refinery on Sunday, explained that the recent rise in its ...

Dangote Petroleum Refinery on Friday announced an upward adjustment in the prices of its Premium Motor Spirit (PMS) commonly known as petrol, to its bulk purchase customers, citing escalating global ...

Light crude oil futures are trading flat Thursday, stabilizing within the wide range established in the previous session. This indecision among traders follows a sharp rally that saw prices ...

Major oil marketers have announced an increase in petrol prices as global crude oil prices soar There are indications that the international benchmark oil, Brent Crude, rose above $80 per barrel The ...

Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has explained the reason global crude oil prices determine petrol prices in Nigeria. He disclosed this in a recent engagement with ...

Crude and gasoline prices on Friday settled moderately lower, weighed down by a stronger dollar. Also, Friday's action by Israel's security cabinet to approve a ceasefire and hostage-prisoner ...

The rise in global oil prices dragged down the peso, Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said in a Viber message. “The peso weakened, tracking the renewed spike in ...

But, experts caution that the current sanctions will have a significant impact on tanker availability and export logistics for exports to Asia. The Brent crude price, which recently approached USD 80 ...

Crude and gasoline prices rallied sharply Wednesday, with crude posting a 6-month high and gasoline climbing to a 3-1/4 month high. Wednesday's weaker dollar is bullish for energy prices.