News

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...
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 ...
Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using ...
Standard Chartered believes the market significantly overestimates OPEC's spare oil production capacity, suggesting a ...
Until recently, global oil demand peaked every year with the arrival of the Northern Hemisphere’s winter. As temperatures ...
The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...
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 ...
Turbo engines provide an extra shot of power that actually makes it possible for them to aid in fuel efficiency. Do they also ...
"OPEC reported no change to the group’s supply and demand outlook in yesterday’s release of its monthly market report. Global oil demand growth is unchanged for this year and next at 1.29m b/d and ...
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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