Oil prices edged lower on Thursday after the U.S. Federal Reserve cut interest rates as traders weighed the expected boost from looser monetary policy against concerns...
Russia’s state-owned oil pipeline monopoly, Transneft, has reportedly warned oil producers that they may be required to cut output following a series of drone attacks by...
Oil prices climbed on Monday as investors weighed the impact of Ukrainian drone attacks on key Russian oil infrastructure that could disrupt global crude and fuel...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a decline in crude oil losses, with theft and metering discrepancies reduced by 94.6 percent since 2021....
Oil prices slipped on Thursday as concerns over weak U.S. demand and oversupply weighed on market sentiment despite escalating geopolitical tensions in the Middle East and...
Crude oil prices rose modestly on Wednesday as geopolitical tensions lifted sentiment, but analysts cautioned that growing supply will limit further gains. Brent crude oil, against...
OPEC+ will raise oil production by 137,000 barrels per day from October, a modest increase led by Saudi Arabia’s push to defend market share amid weakening...
Oil prices recovered on Monday after OPEC+ announced a smaller-than-expected output increase and market sentiment shifted on renewed concerns over possible sanctions on Russian crude. Brent...
Crude oil prices extended losses on Thursday as investors positioned for the weekend meeting of the Organization of the Petroleum Exporting Countries and allies (OPEC+) where...
Oil prices advanced on Tuesday ahead of the OPEC+ meeting scheduled for September 7 with analysts projecting that the producer group will keep existing voluntary supply cuts...
