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

Oil prices fell slightly on Thursday as the possibility of U.S. tariffs being reinstated raised questions about demand ahead ...

The management of Najaf Refinery announced on Thursday that it is planning to increase the production capacity by 70,000 ...

Crude futures were steady as expectations of OPEC+ agreeing this weekend to unwind another 411,000 barrels a day of output cuts in August kept a damper on further gains, while U.S. June payrolls came ...

Stock markets and the dollar largely steadied Thursday before key US jobs data and as investors kept a close eye on President ...

Oil prices pulled back during Asian trading on Thursday, giving up some of the strong gains recorded in the previous session ...

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 ...

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

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 ...

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) ...

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