Despite doubling per?well output since 2019, the Permian’s rig?rate gains are slowing and decline curves are steepening, ...

Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday ...

Due to the recent global economic turbulence, the June 2025 WTI crude oil futures contract has broken out of a 3-year trading ...

U.S. tariffs and the trade war between the United States and China will likely weigh on economic growth this year and are ...

Technically, WTI crude oil extended its major (long-term) downtrend to a new low of $55.12 early Wednesday morning.

HOUSTON, April 16 (Reuters) - Oil prices rose nearly 2% on Wednesday to a two-week high on concerns about global supplies after Washington issued new sanctions targeting Chinese importers of ...

Meanwhile, global oil supply is still expected to exceed demand, rising by 1.2 million barrels a day in 2025 and 960,000 barrels a day in 2026. In last month's report, the agency said it projected ...

Market analysts suggest that increased supply from Kurdistan could ease global supply constraints, affecting crude prices. Additionally, sanctions impacting energy exports have disrupted supply ...

While Iranian supply threats are pushing prices higher, global demand uncertainty and U.S. cost pressures are keeping gains in check. On Friday, Light Crude Oil Futures settled at $61.50 ...

Indonesia palm oil firms eye new markets as US trade war casts shadow ✔ Check out all the trending Legit Nigeria News news in ...