News

The revised deadline of August 1, which Trump declared as final, gave some reprieve to key trade allies, including Japan, South Korea, and the European Union.
Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab ...
Oil prices rose on Wednesday as investors weighed strong U.S. gasoline demand data, attacks on shipping in the Red Sea, and a ...
The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...
The prestigious seminar, hosted at OPEC’s headquarters in Vienna, drew global leaders, energy policymakers, and industry ...
Crude oil price expectations have changed in the latest short-term energy outlook released by the Energy Information ...
U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell ...
Dangote Refinery has announced plans to dump imports from the United States and other countries and rely 100 percent on ...
Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on Wedne ...
Oil prices slipped on Wednesday as investors weighed a surprise build in U.S. crude stocks last week against attacks on ...
U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of ...
Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...