After a week of economic turmoil, Canada's energy industry – and the governments that rely on it for revenue – will be ...

By ripping off the band-aid, the Saudis seem to have accepted that letting prices weaken is a way to regain their lost market ...

The OPEC+ Joint Ministerial Monitoring Committee (JMMC) commended the additional voluntary oil production cuts implemented by ...

The plunge in oil prices following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from the Organization of the Petroleum Exporting Countries and allies (Opec+ ...

KUWAIT CITY, April 6: Minister of Oil, Tareq Al-Roumi, affirmed on Saturday that strong cooperation among OPEC+ member states ...

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

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

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 ...

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" ...

Global crude markets rattled as Brent falls to $65.58, threatening Nigeria’s 2025 budget projectionsIn a dramatic turn for ...