The Caribbean Development Bank (CDB) has signed a landmark Memorandum of Understanding (MOU) with the OPEC Fund for ...

Recently, HSBC warned of a potential downside risk to its 2026 Brent crude forecast of $65 per barrel if oil stockpiles in ...

Gas prices have fallen below $3 a gallon for the first time since President Donald Trump returned to the White House in ...

Prompt Brent crude futures' discount to the six-month contract reached its deepest since December 2023 on Monday, reflecting a growing view that supply is ample as OPEC+ and other producers increase ...

Both benchmarks had already suffered more than 2 per cent losses last week, marking their third consecutive week of decline, ...

Over 1.2 billion barrels of oil are currently in transit on tankers, driven by increased supply from OPEC+ and non-OPEC+ exporters, longer voyages, and rising production from the Americas.

The projection is an upgrade from the IMF’s initial estimate of 3 percent, according to the World Economic Outlook (WEO) ...

This year brings the strongest potential for extended sub-$3 prices since 2021,” according to Patrick De Haan, head of ...

Venezuela's high-energy, cleaner-burning coal is almost entirely sold for export. Venezuela provides raw coal to Turkey, ...

Oil prices fell on Monday, October 20, due to a likely global oversupply, as escalating trade tensions between the US and China heightened fears of an economic ...

Turkish central bankers told foreign investors in meetings last week that they were increasingly concerned about inflation and suggested they were ready to slow down the pace of interest rate cuts, ...