Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

Until recently, global oil demand peaked every year with the arrival of the Northern Hemisphere’s winter. As temperatures ...

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical factors and a slowdown in non-OPEC discoveries, despite earlier predictions of ...

Standard Chartered believes the market significantly overestimates OPEC's spare oil production capacity, suggesting a ...

Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using ...

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...

In Riyadh’s own analysis, that supply-to-market figure was 9.36 million barrels a day, a number matched almost identically by ...

Oil exports increased by 25,000 barrels per day (bpd) in May, reaching 6.19 million bpd, according to JODI data, which is ...

OPEC was the last of the three agencies to present its monthly update of its forecasts this week, Commerzbank's commodity ...

West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $65.31 per barrel, down from Monday’s close at $65.68. Brent Oil Exchange Rate (Brent crude) is ...

Iron ore dropped after data showed China’s crude steel output falling the most in 10 months amid a prolonged slowdown in the ...

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