Crude oil outlook turns bearish with rising recession odds, weak demand, and OPEC+ supply hike. Key support levels now in ...

There are indications that Nigerians would pay less for the Premium Motor Spirit, PMS, also known as petrol, as the price of ...

Taiwan was hit with a steep 32% U.S. tariff despite recent commitments to invest $165 billion in U.S. chip manufacturing.

The OPEC+ alliance unexpectedly announced a larger-than-anticipated supply boost for May, triggering a market-wide reaction.

OPEC+ nations’ bringing more production back to market combined with escalating tariffs as China announced 34% tariffs on all U.S. goods to make for a very bad week for oil prices. West Texas ...

President Donald Trump has often made clear his goal of cutting prices for energy as part of his overall agenda to break the ...

The ministry reaffirmed Kazakhstan’s commitment to the OPEC+ agreements and emphasized its intention to continue constructive ...

In addition, the committee "valued the additional voluntary production adjustments made by the eight OPEC+ countries, which were announced in April and November 2023 in supporting market stability" ...

For most of this decade, the OPEC+ alliance has been the world's most stalwart defender of high oil prices. In just a few ...

However, discussions at the meeting will center on the compliance level with the oil production cuts agreed upon, the source added ...

Key OPEC+ nations reiterated the need for members to stick to oil output quotas after the group’s surprise decision to speed ...