OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday, even as President Donald ...

Coconut oil is a plant-based oil derived from coconuts. Although it comes from a plant, it’s uniquely high in saturated fats. There’s great debate and controversy as to whether it benefits health.

Motorists and other consumers must brace for a big-time oil price hike that may go as high as P2.50 per liter next week, as the world oil market’s volatility sets off the third consecutive increase in ...

New Delhi: India’s oil product demand rose by 419,000 barrels per day (tb/d) in November 2024, marking a 7.9% year-on-year increase, as diesel, gasoline, and LPG consumption drove growth, according to ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally to 1.485 million barrels per day (bpd) in December 2024. In its ...

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa Manthey note. “The IEA warned of potential supply disruptions ...

(Reuters) -Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential ... and lower interest rates can boost economic growth. Meanwhile, OPEC expects ...

The International Energy Agency (IEA) has downgraded its oil demand growth forecast for 2025, reducing it from 1.1 million b/d to 1.05 million b/d. This is notably lower than OPEC's more optimistic ...

Geopolitical tensions and a 2M-barrel U.S. crude inventory drop drive oil prices higher, signaling tighter global supply. Natural gas faces bearish momentum, trading at $3.70 as it slips below $3. ...

following the release of the latest Monthly Oil Market Report (MOMR) by the Organisation of Petroleum Exporting Countries (OPEC) and projections by Energy Information Administration OPEC ...

(Reuters) -Oil prices rose about 2% on Wednesday on a large draw in U.S. crude stockpiles and potential supply ... end to a 15-month war that has upended the Middle East. Meanwhile, OPEC expects ...