Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Following Donald Trump’s historic return to the White House, the US dollar has gone on to a bull rally, seeing ...
The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...
Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
OPEC members function as a cartel, seeking to maximize their oil sales revenue by adjusting output in light of prevailing ...
Crude oil futures edge higher amid concerns over demand and OPEC's lowered growth forecasts. Oil industry calls on President-elect Trump to scrap many Biden climate and energy policies.
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...
The small movements in gasoline futures mean that prices remain relatively flat in most spot markets OPIS follows around the U.S. Chicago Comprehensive November Cycle 2 CBOB, however, was seeing gains ...
OPEC has scaled back this year’s demand growth projections by almost a fifth since July, in keeping with a sharp retreat in ...
OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.
Global demand is still seen above the historical average of 1.4 million barrels a day seen before the pandemic, driven by air travel and road mobility, as well as healthy industrial, construction and ...