News

Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...
Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...
The Vice President of Dangote Industries Limited, Devakumar Edwin, says the refinery has long-term contracts, and will focus ...
The agency cut its 2026 Brent price estimate to $58 a barrel from $59 previously. The EIA sees West Texas Intermediate crude, the U.S. benchmark, averaging $65 a barrel this year and $55 in 2026, ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
Saudi Arabia’s crude exports and production rose sharply in April as OPEC+ accelerated plans to unwind its oil output cuts, ...
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.