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 ...
If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
S&P/ASX 200 Index (ASX: XJO) energy shares struggled amid a slumping oil price in 2024. Here’s what Citi forecasts for oil in ...
Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...
OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed ...
American refineries still rely on Canada’s supply, while OPEC+ nations can manipulate global markets to undercut U.S.
The Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs.
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...
Crude Oil prices fluctuated widely on Tuesday, with WTI dropping by as much as 3%—its lowest since December 31—after China ...
OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...