Oil prices rose on Wednesday before an OPEC+ meeting at which the producer club is expected to stick to a plan to add 400,000 barrels per...
Crude oil prices fell on Monday, this was followed by the rumors of damage caused by Hurricane Ida in the Gulf of Mexico eased a little....
Crude oil futures were higher in mid-morning trade in Asia Aug. 30 after Hurricane Ida forced the shutdown of more than 95% of the Gulf of...
OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from...
Mele Kyari, group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC) has said that the Dangote Refinery must buy at least 300,000 barrels per...
Brent crude oil extended its bullish run above $71 a barrel following reports that a fire outbreak killed oil workers on an oil platform operates by...
Oil prices steadied on Friday, clambering away from three-month lows, but they were still on track for a weekly loss of more than 5% as new...
Oil dropped to $66 a barrel on Thursday, its lowest since May, pressured by concerns about weaker demand as COVID-19 cases rise, a stronger U.S. dollar...
Oil prices declined by more than one percent on Monday as concerns regarding slowing China’s economic activity weigh on market sentiment. Brent crude oil, against which...
U.S. investment bank Goldman Sachs said a recent call by the United States to OPEC+ to boost oil output is unlikely to result in higher production...
