Global oil prices rose to new record highs on the back of drop in global oil supplies following Saudi Arabia and Russia decision to cut crude...
Global oil prices continue their tightrope walk, wavering near multi-month highs as key producers Saudi Arabia and Russia maintain their commitment to keeping supplies in check....
Oil prices rose for the second consecutive day on Friday to extend their bullish run to the sixth week of gains. The surge came after both...
The drop in global crude oil inventories has started impacting oil prices as demand outweighs supply cuts from OPEC leader Saudi Arabia to provide support for...
Central Bank Policy Expectations and Economic Resilience Fuel Investors' Optimism
Brent Crude Stalls Near $82.72 as Traders Await US Fed's Interest Rate Clue
Signs of tighter supplies and Chinese economic support buoy oil prices, while Western data adds to uncertainty
Production Cuts Aim to Boost Prices, but Global Uncertainty Impedes Crude Oil's Recove
Traders and investors have been on edge as they closely monitor the decisions of central banks and geopolitical developments to get clues about possible market direction.
The nation's rig count rose by 7.7% to 14 in June 2023, an indication that the sector has started growing across the board following President Tinubu's...
