KUWAIT: Oil prices fell in 2024, weighed down by concerns over the robustness of global oil demand growth amid weak economic activity in China especially and burgeoning non-OPEC+ supply led by output ...

Gas prices across the U.S. have dropped to a two-year low this holiday season. Hutchinson drivers are paying as little as $2.05 per gallon, and Litchfield residents are seeing prices at $1.75 for ...

Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Oil edged higher in early Asian trade after falling overnight, but may continue to be weighed by rising U.S. stockpiles and trade uncertainty.

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

YENAGOA – The Organisation of Oil Exporting Countries (OPEC) has commended Nigeria and other member-countries over their conformity with the crude oil production quota for November and December 2024.

The oil market has been in the spotlight over the past few days due to the US President Donald Trump’s tariff narrative.

As global energy dynamics shift, the hydrocarbon industry, long under pressure from climate change concerns and the 2015 Paris Agreement, finds new hope in U.S. President Donald Trump’s policies. With ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.