Global oil prices retreated from multi-month highs as investors scaled back risk positions following easing geopolitical concerns in the Middle East. Brent crude oil, against which...
Oil prices advanced on Tuesday as rising geopolitical tensions surrounding Iran pushed supply risk to the forefront of market sentiment, outweighing expectations of additional crude entering...
Crude oil production by members of the Organization of the Petroleum Exporting Countries (OPEC) fell by 100,000 barrels per day (bpd) in December as supply declines...
Major international oil companies have cautioned that Venezuela remains commercially and legally uninvestible despite renewed pressure from the White House to accelerate foreign capital inflows into...
Oil prices recovered modestly on Thursday after sliding earlier in the week as markets assessed the implications of escalating geopolitical developments surrounding Venezuela alongside mixed signals...
The United States has seized two oil tankers linked to Venezuela in the Atlantic Ocean, escalating President Donald Trump’s aggressive strategy to control oil flows in...
Global oil prices declined on Tuesday as expectations of ample supply and subdued demand continued to weigh on sentiment. Brent crude oil, against which Nigerian crude...
Oil prices edged lower on Monday as ample global supply outweighed geopolitical concerns following the United States’ detention of Venezuelan President Nicolás Maduro over the weekend....
Oil prices advanced on Monday as investors weighed fresh signals from U.S.–Ukraine peace discussions alongside escalating geopolitical risks in the Middle East that could threaten global...
Oil prices edged higher on Friday as markets reacted to fresh supply-side risks linked to U.S. economic pressure on Venezuelan crude exports and reports of U.S....