Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab ...

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...

The prestigious seminar, hosted at OPEC’s headquarters in Vienna, drew global leaders, energy policymakers, and industry ...

Crude oil price expectations have changed in the latest short-term energy outlook released by the Energy Information ...

U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell ...

Dangote Refinery has announced plans to dump imports from the United States and other countries and rely 100 percent on ...

For many resource-rich nations, the ultimate aspiration is to transcend the cyclical trap of the “resource curse,” a paradox ...

Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on Wedne ...

Oil prices slipped on Wednesday as investors weighed a surprise build in U.S. crude stocks last week against attacks on ...

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.

Oil prices climbed on Wednesday, maintaining their highest levels since June 23, lifted by attacks on shipping in the Red Sea, along with concerns over steep U.S. tariffs on copper and a forecast for ...