Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

According to the latest released schedule, compensations were to be 110,000 bpd from Iraq and 54,000 bpd from Kazakhstan in December 2024 ...

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The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable ...

After two years of over-reliance on software algorithms, 2025 could be the year fundamentals-based trading reestablishes itself.

Supply risks from Russia sanctions, OPEC cuts, and China’s demand optimism fuel a bullish crude oil outlook. Discover what’s ...

In August, Kazakhstan announced a target of producing 97.2 million metric tons of oil in 2025. This goal remains unchanged even after OPEC+ decided to delay its planned output revival from January to ...

West Texas Intermediate (WTI) Oil price extends its losses for the second successive session, trading around $72.90 per barrel during the Asian hours on Tuesday. However, crude Oil prices were ...

Oil executives express optimism about the Trump administration's support for the industry but remain cautious about ...

Oil companies' divestment was a pivotal event that shaped Nigeria's oil sector in 2024. International oil companies (IOCs) ...

A trio of analysts speaking at Rice University forecast a supply surplus and narrow band of prices for oil markets in 2025 ...