With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...

These will push and pull at prices, guaranteeing a continuation of the sideways trade for crude oil and their products.

Goldman Sachs analysts asserted that a potential ceasefire in Ukraine and the subsequent easing of sanctions on Russia would ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

Oil prices rose on Tuesday, following a drone attack on a Russian oil pipeline pumping station, which disrupted flows from ...

Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...

Russia’s crude output fell to 8.962 million barrels a day in January, 16,000 barrels a day below its target under the OPEC+ ...

The experts stressed the need for Kuwait and other Gulf nations to diversify their income sources, and attract foreign ...

The promotion of fossil fuel-driven growth by US President Donald Trump poses significant challenges but there are mitigating ...

West Texas Intermediate (WTI) Oil price advances on Tuesday, according to FXStreet data. WTI trades at $72.92 per barrel, up ...

The discount for Mexican Maya crude, that country’s benchmark, is about $5 a barrel, EPRINC said. Putting those prices against import totals provides a total value in 2024 of $92 billion in Canadian ...