Oil prices traded in a narrow range on Wednesday as investors assessed macroeconomic signals from the United States and monitored diplomatic efforts aimed at ending the...
Oil prices declined further on Tuesday as renewed supply pressures, geopolitical uncertainty and expectations around the U.S. Federal Reserve’s policy decision continued to weigh on market...
Oil prices inched higher on Monday to close near a two-week high as investors positioned for a potential U.S. Federal Reserve interest rate cut this week...
Oil prices maintained weekly stability on Friday as market sentiment strengthened around an expected U.S. Federal Reserve rate cut, rising geopolitical tension between Washington and Caracas,...
Oil prices moved marginally higher as fresh concerns over Russian supply disruptions added a moderate risk premium to the market. Traders reacted to reports of renewed...
Russian processing rates have slipped again after a new wave of Ukrainian attacks on energy facilities heightened uncertainty around supply and price movement. Market data from...
Nigeria will maintain its crude oil production quota at 1.5 million barrels per day (mbpd) through December 2026 following a decision by the Organisation of the...
Oil prices advanced on Monday as OPEC+ members reaffirmed their decision to maintain output levels while the Caspian Pipeline Consortium suspended exports following a major drone...
Oil prices held steady on Wednesday as global markets turned their attention to the next phase of diplomatic engagement between Russia and Ukraine with investors assessing...
Oil prices steadied on Wednesday after a sharp decline in the previous session as traders balanced concerns about a potential oversupply in 2026 with new diplomatic...