Nigeria’s low oil production could affect major projections in the 2025 budget, putting the nation’s revenue target at ...

Crude Oil prices have gained support amid growing supply concerns over a potential escalation in the Russia-Ukraine conflict. On Sunday, Russia launched its largest airstrike on Ukraine in nearly ...

Trump’s goal to increase US oil production — by making fracking more accessible with open drilling permits and by expanding ...

If the heavyweight Saudi Arabia is no longer willing to give up market share in favour of higher prices, and the cartel ...

The crude oil market in 2024 remains volatile due to geopolitical tensions, particularly the Israel-Hamas conflict, and ...

Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar ...

Global oil markets face a surplus of more than one million barrels a day next year as Chinese demand continues to falter.

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, the IEA said, ...

The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...

Marco Rubio has been selected by Trump for secretary of state. Rubio has long pushed for tougher US policy on Iran and China, ...

The Nymex December RBOB contract was 0.65ct lower at $1.9565/gal and the January contract was off by 0.75ct at $1.9285/gal. The December ULSD contract was down by 0.8ct at $2.2025/gal and January ULSD ...

OPEC lowered its forecast for global oil demand growth for 2024 and 2025 on Tuesday, highlighting weakness in China, India and other regions, making the producer group’s fourth consecutive downward ...