Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the move was pre-planned.
U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...
Oil prices fall as OPEC+ boosts production and trade tensions rise. Crude demand concerns and bearish technicals keep traders ...
WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.
Oil prices seem to have corrected a bit higher over the past two days and today we are to discuss the main issues that seem ...
Russia’s crude oil production in February remained nearly unchanged from January, staying just below its OPEC+ quota, ...
Eggheads and industry stakeholders will today converge on the Transcorp Hilton, Abuja, to chart a pathway for increased production in the country’s crude oil production. The Leadership forum ...
The Organization of the Petroleum Exporting Countries and allies’ decision to raise crude oil production from April seems ...
Near term action, however, may hold in prolonged consolidation above $65.26 support, which should be ideally capped by ...
The average crude oil production was 103 per cent of the Organisation of Petroleum Exporting Countries quota (1.5 mbpd). NUPRC said this indicates that Nigeria successfully met the OPEC production ...
Traders will also get a look at the Energy Information Administration's “Short Term Energy Outlook” today. It’s going to be interesting to see if they call for more investment in fossil fuels. It’ll ...
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