Global oil markets experienced heightened volatility on Monday as military strikes between Israel and Iran escalated over the past four days. Brent crude oil, against which...
Crude oil prices reversed early session gains on Thursday as market participants adjusted positions ahead of high-level diplomatic talks between the United States and Iran scheduled...
Global oil prices climbed to a near two-month high on Wednesday amid renewed optimism over U.S.-China trade talks and rising geopolitical risks linked to Iran. The...
Green Energy International Limited (GEIL) has announced the commencement of crude oil export operations from the newly developed Otakikpo Onshore Crude Oil Export Terminal in Rivers...
Oil prices traded narrowly on Monday as investors turned their attention to the upcoming U.S.-China trade negotiations in London, a development seen as critical for shaping...
The OPEC+ alliance’s accelerated move to boost oil-production quotas has yet to yield meaningful increases in actual output, according to a recent market note by Morgan...
Oil prices declined marginally on Friday, but both Brent and West Texas Intermediate (WTI) crude benchmarks posted their first weekly gains in three weeks as renewed...
Global investment in crude oil is projected to decline by 6% in 2025, the first substantial downturn in upstream oil spending since the COVID-19-induced slump in...
Crude oil prices held firm on Tuesday as rising geopolitical tensions in the Middle East and Eastern Europe continued to support market sentiment. Brent crude oil,...
Oil prices rebounded sharply on Monday following OPEC+’s decision to maintain its measured production increase for July, easing investor concerns about a larger-than-expected output expansion. Brent...