A key difference in crude oil demand forecasts between this year and 2024 is that both OPEC and the International Energy ...

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

An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC+ delegates said, ...

Nigeria’s new 650,000 bpd Dangote refinery has turned to U.S. WTI crude for its superior gasoline blending qualities.

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

With the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit the ...

The oil producers' group says there's no peak demand in sight in its latest outlook as consumption will continue to rise. But ...

Crude oil holds firm above $65.38 pivot. Traders eye demand catalysts vs rising Venezuelan supply. Outlook stays bullish with ...

A combination of weaker oil prices, widespread spending cuts, and ramped-up OPEC crude oil volumes created a ...

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

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.40 during the early Asian trading hours on ...

Fifty-four years after signing on to OPEC’s lofty promises of collective bargaining and fair pricing, Nigeria is still ...