underwhelming Chinese economic stimulus efforts, and OPEC's continued downward revisions of demand forecasts," said Mohamed ...
Algeria’s defense spending is set to surge to a record 3.35 trillion dinars ($25.1 billion), one of the highest levels in the ...
While the November data from OPEC and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is yet to be released, ...
Gasoline and diesel prices both fell slightly Thursday afternoon after OPEC cuts global fuel demand growth forecast for 2024 ...
The United States is expected to increase domestic production of crude oil under the upcoming presidency of Donald Trump, ...
The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.
Crude has alternated between weekly gains and losses since mid-October, with traders weighing OPEC supply moves, US monetary policy, and the risks to oil-demand growth, especially in China. There’s ...
The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Rising crude oil imports will signal that the measures are working. This would be good news for tanker owners. OPEC extended ...
For India, which is the world's third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its ...
The company also stated that it is set to hit the two million barrels per day target set by President Bola Tinubu by December ...