The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

Nigeria’s oil production surged in February, exceeding its OPEC quota of 1.5 million barrels per day by 70,000 bpd, and ...

OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald ...

Crude oil prices rebound but remain under $70 as rising U.S. inventories and OPEC+ output hikes pressure the oil outlook. U.S. crude stockpiles surged by 3.6M barrels, raising concerns over weak oil ...

OPEC and allies, known as OPEC+, agreed in December to defer the start of output rises by three months until April and extend the full unwinding of cuts until the end of 2026 due to weak demand and ...

Oil prices were broadly flat, despite the dollar index sliding to a near four-month low and ING said sentiment was persistently negative in the oil market.

The recent drop in crude oil (CL=F, BZ=F) prices raises concerns about its impact on global markets. Factors such as ...

According to the survey, Organization of the Petroleum Exporting Countries oil output rose in February, as Iranian exports ...

The move is more likely aimed at balancing geopolitical risks and appeasing President Trump amid his push for lower oil prices.

Oil futures were little changed early Thursday, attempting to find their footing after ending the previous session at ...

Oil prices settled down for the fourth consecutive session on Wednesday after U.S. crude oil stockpiles posted a ...

Politics performs a giant function in shaping the dynamics of the oil marketplace, influencing delivery and demand, pricing mechanisms, and buying and selling techniques. As one of the most ...