Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel. Front-month U.S. West Texas Intermediate crude ...

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...

The OPEC+ alliance is once more angling in on group compliance with oil output cuts, amid overproduction from heavyweight ...

Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...

A statement posted on OPEC’s website on June 2 revealed that the 38th OPEC and non-OPEC Ministerial Meeting will be held on ...

Kremlin resolves to display public solidarity with Opec and its leader Saudi Arabia that has largely overlooked ...

OPEC published its long-term outlook for the oil market up to 2050 this week, Commerzbank’s commodity analyst Carsten Fritsch notes.

Fund for International Development has signed off on two financing agreements with Madagascar totalling $65-million to boost ...

Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

THERE were indications, yesterday, that oil exploration dropped year-on-year, YoY, by 22 per cent in August 2024, due to low ...