Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ ...

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VIENNA: Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for ...

The Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) tightening measures have constituted significant levers pulling inflation down. By retaining the benchmark interest rate at 27.5 ...

Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. Analysts see several possible motivations for the production hikes, one of them ...

OPEC+ agreed to hike July oil output by 411,000 barrels per day (bpd) on Saturday, the same as in May and June, after the ...

OPEC+ nations have decided to increase oil production by 411,000 barrels per day for July, mirroring the increases seen in ...

Crude oil futures ended lower as the market awaits the outcome of Saturday's OPEC+ meeting, where the group is widely ...

If OPEC+ output rises as expected, Todorova believes WTI prices could decline to $53 to $55 a barrel, while Brent could fall to $56 to $58 - marking declines of roughly 10% from current levels. If ...

Friday closed down -0.15 (-0.25%), and July RBOB gasoline (RBN25) closed down -0.0221 (-1.08%). Crude oil and gasoline prices ...

Despite ambitious promises, the US is not on the brink of global energy dominance. Current challenges, including trade policies and increased OPEC production, are impacting the US energy sector.