President Trump’s sweeping tariffs combined with OPEC’s unexpectedly large production hike are combining to trigger a “double ...

Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that U.S. President Donald Trump is due to ...

Petron Corp. and Isla Petroleum cut the price of liquefied petroleum gas or LPG by P0.25 and P0.27 per kilogram, respectively ...

The more active June Brent crude futures rose 69 cents to $73.45 a barrel by 0817 GMT, while U.S. West Texas Intermediate ...

Brent futures rose 21 cents to $74.98 a barrel at 0645 GMT, while U.S. West Texas Intermediate crude futures climbed 22 cents ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

Oil companies will raise gasoline prices by P1.40 per liter, and kerosene and diesel prices by P1.20 per liter. Shell ...

Many countries form large, state-owned companies to control oil assets and manage their oil sectors. By keeping these companies private, countries maintain some authority over the production ...

Thursday closed down -4.76 (-6.64%), and May RBOB gasoline (RBK25) closed down -0.1667 (-7.15%). Crude oil and gasoline ...

The struggle of Africa and the Middle East against foreign oppression did not end with the fall of colonial empires. Instead, ...

Trump has repeatedly said he will announce details Wednesday for his plan to slap tariffs on countries around the world.

In Niger, a local company has been granted a license to mine copper. Meanwhile, military governments in Mali and Burkina Faso aim to reduce dependence on foreign mining companies and diversify their ...