Oil prices were steady on Friday and headed for a second consecutive weekly gain as fresh U.S. sanctions on Iran and the ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Crude oil prices are set for another weekly gain, driven by new U.S. sanctions on Iran's energy industry and OPEC+ efforts to ...

Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price ...

OPEC+ has announced a new schedule for seven member countries to implement additional oil output reductions to compensate for pumping above agreed levels.

Compensations until July 2026 will total 4.203 mln barrels per day. Plans were presented by seven out of eight OPEC+ countries that followed voluntary adjustments, specifically Iraq, Kuwait, Saudi ...

Oil prices edge higher but stay near $66.75 support. Strong U.S. demand and a weaker dollar provide support, while OPEC+ ...

Crude oil prices have remained on a downtrend as external uncertainties shape the demand/supply dynamics. Trump’s trade ...

0904 ET - Volatility surrounding trade wars, the health of the U.S. consumer, and geopolitical strife is pushing gold prices further past the $3,000/oz mark, with some analysts calling for gold prices ...

Kazakhstan’s Minister of Energy, Almasadam Satkaliyev, will resign from his position, as announced by the country’s presidential office on Tuesday, according to a Reuters report. This move comes amid ...

Record 2024 exit volumes of 41,908 boe/d(2) and Q4/24 production of 41,051 boe/d (82% oil and liquids)Adjusted Funds Flow(1) of $2.10/share or $380.1 million in 2024 and $0.64/share or $129.2 million ...

Participants at the recently concluded Nigeria Energy Week (NOG) have harped on ensuring a robust oil production to ensure ...