News

Bearish oil outlook ahead as OPEC+ output jumps, demand growth slows, and geopolitical premiums fade, keeping crude oil ...
Oil prices have stabilised at pre-Middle East conflict levels following the start of the ceasefire. Expanding the oil supply ...
Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday ...
Brent crude oil price has suffered a harsh reversal in the past few days as the crisis in the Middle East eased ...
Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...
The world's largest group of oil producers, OPEC+, is set to announce another big increase of 411,000 barrels per day in ...
Russian President Vladimir Putin said on Friday the OPEC+ group of leading oil producers including Russia projects rising ...
OPEC+ is set to consider extending its run of super-sized production increases at a meeting next month, as group leader Saudi ...
Oil is likely to rise by $3-$5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran at the weekend, ...
Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...
Nigeria’s anti-corruption agency has arrested former oil officials over a $7.2 billion fraud linked to refinery ...
In decades past, turmoil in the Middle East would send crude oil prices soaring, pushing up the cost of gasoline for drivers ...