The country’s oil companies have reduced pump prices by P0.70 per liter for gasoline, P0.10 per liter for diesel, and P0.80 ...

Oil futures rose as the market took a sanguine view of the OPEC+ decision to raise its output target by 548,000 barrels a day in August.

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.

Three commercial banks in Nigeria have announced the resumption of international transactions on their naira cards. In ...

Big Oil stocks were retreating on Monday after Shell warned that profits from trading gas and chemicals would be lower than expected in the second quarter.The trading slump may be confined to Shell, ...