Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

Amid ongoing tensions in the Middle East between Israel and Iran, a commodities expert says he expects oil prices to remain ...

SINGORE -Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause lower fuel demand, and as major producers ...

Additionally, the Organization of the Petroleum Exporting Countries (OPEC) and its allies such as Russia, known as OPEC+ will ...

Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to $70 a barrel for 2026 on an improved outlook for demand.

Crude prices slip after a brief rally, pressured by weak China and US demand data, looming US tariff hikes, and anticipated ...

We expect ministers will continue the unwinding of the November 2023 tranche of cuts', analysts at Standard Chartered Bank ...

The first half of the year saw significant oil price volatility influenced by U.S. trade policies, OPEC+ production decisions ...

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $66.08 per barrel, down from Wednesday’s close at $66.75. Brent Oil Exchange Rate (Brent crude) ...

Stock markets rose and the dollar held steady Thursday as strong jobs data showed the resilience of the US economy.

Africa’s richest man, Aliko Dangote, has urged Africans to adopt bold thinking and a long-term mindset, asserting that the continent ...

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