• WTOP

    Closing prices for crude oil, gold and other commodities

    Benchmark U.S. crude oil for May delivery fell 20 cents to $81.07 per barrel Thursday. Brent crude for May delivery fell 17 cents to $85.78 per barrel. Wholesale gasoline for April delivery was

  • Transporter loses US$89k in crude oil deal

    A SUSPECTED fraudster, who allegedly convinced a Harare businessman to sponsor his crude oil importation deal, has appeared before the Harare Magistrates’ To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions

  • Weaponization Of Crude: Russian Oil Refiners Under Drone Attack

    Weaponization Of Crude: Russian Oil Refiners Under Drone Attack Brent crude prices climbed to their highest level in four and a half months last week following attacks on multiple Russian oil refineries by Ukrainian drones. Additionally, this morning, drone strikes on two more oil refining facilities were reported deep within Russia. Bloomberg reports drone strikes targeted two oil refining facilities in Russia's Samara region, more than 620 miles from the Ukrainian border. A...

  • How FG funds petrol subsidy through crude oil sales proceeds

    LAGOS — There are indications that the Federal Government through the Nigerian National Petroleum Company Limited (NNPC Ltd) is now spending N17.72 billion daily to fund subsidy on petrol

  • End of day crude oil price forecast update - 15-03-2024

    Crude oil price leaned on the bullish channel's support line and bounced

  • AAA: Crude oil costs, travel demand are behind big jump in gas prices

    (The Center Square) - A jump in crude oil costs and increased travel demand are behind the 11-cent hike in Arkansas gas prices, according to AAA. Arkansas motorists pay an average of $3.18 for a gallon of regular unleaded fuel, up 14 cents from the same time last year. The change in seasons is a factor, according to AAA. "They start to rise with the arrival of spring," said AAA spokesman Andrew Gross about the gas prices. “And the national average...

  • AAA Texas: Gas prices continue to climb due to high demand, rising crude oil prices

    Drivers in Texas are seeing the return of an average of $3.18/gallon of regular unleaded fuel, marking a 14-cent increase compared to last week and a reported 4-cent decrease when compared to this day last year on Thursday, according to the AAA Texas Weekend Gas Watch.

  • JT Grup Oil SA Completes Phase I of Private Oil Terminal

    JT Grup Oil S.A., a company operating on the Romanian fuel distribution market, announces the completion of the first phase of development of the JT Terminal project, the only private owned oil terminal in Romania. With the completion of the infrastructure works, the financing contract obtained from non-reimbursable European funds through the Large Infrastructure Operational […]

    • CBC

    'We should abandon the fantasy of phasing out oil and gas': Saudi oil CEO

    The head of the world's largest energy company on Monday suggested that oil and natural gas will be around for a long time to come and consumption of both sources of energy is likely to grow for at least the next decade or two.

  • Roseland Oil and Gas host annual West Texas Oil and Gas Convention in Midland

    MIDLAND, Texas (KMID/KPEJ)- Roseland Oil and Gas is hosting its 10th annual West Texas Oil and Gas Convention & Charity Cook-off, on Wednesday, March 27 at the Midland County Horseshoe Pavilion. Roseland Oil and Gas convention wrote that they are exhibiting "top-notch oil and gas products, services and equipment companies." Roseland Oil and Gas will []

  • Sacrificing land to oil

    Building the petroleum society that is now the basis of our prosperity has come at a cost. Gwenola Le Naour and Renaud Bécot, co-editors of a book on the topic, bring to light the destruction caused by the “petrolisation” of our planet, in France and around the globe.

  • Olive oil: Is Spain being ripped off?

    A recent study by the Consumer and User Organization (OCU) has flagged a significant trend: the cost of extra virgin olive oil in Spain is surging past that of its European neighbours. The OCU released findings that put the spotlight on a pressing concern. It appears that extra virgin olive oil, a cornerstone of Spain’s […]