Nigeria, Africa’s largest oil producer, is grappling with a 27 percent year-to-date drop in active oil rigs, posing a ...

At the backdrop of controversies surrounding Nigeria’s crude oil output, details have shown that Condensate, light premium ...

As the new trading week dawns, all eyes are fixed on the dollar, particularly its traction against the currencies of emerging ...

Many voters who supported President-elect Donald Trump say they were frustrated with the cost of living, and gas prices have ...

OPEC+ has been withholding 2.2 million barrels of oil supply daily for well over a year now—and it might have to start ...

Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...

OPEC's hands are tied as the cartel will look to navigate indecision within the group to extend production cuts beyond 2024.

Crude oil futures fell as ceasefire boosts Middle East peace prospects. OPEC+ postpones meeting, faces production dilemma.

Oil futures bounced Friday morning but remained on track for hefty weekly losses, feeling pressure after a cease-fire this week between Israel and Iran-backed Hezbollah helped soothe remaining worries ...

Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...

The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid ...