OPEC stated in its monthly oil market report that the global oil demand growth forecast for 2025 remains at 1.3 mb/d, year-on-year (y-o-y), unchanged from last month's assessment. Some minor ...

Oil prices fell by about 1% today, as signs of stronger Chinese crude consumption were outweighed by investor caution about ...

UAE PMI remains in expansion territory at 53.5 while Dubai real estate transactions soar 38 per cent in value and tourism exceeds pre-COVID levels ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Supply is set to rise three times faster than demand ...

Analysts at Optimum Global have projected that the naira will trade between N1,500 and N1,600 in the second half of ...

Crude oil dips toward the 200-day moving average as rising U.S. inventories and tariff threats offset stronger oil demand ...

MOSCOW, July 16. /TASS/. Trump’s new framework of arms supplies to Ukraine, the potential fallout of new tariffs against Russia’s trade partners, and OPEC signals openness to new members. These ...

ASTANA – Kazakhstan remains committed to its obligations under the OPEC+ agreement and is not considering leaving the alliance, said Prime Minister Olzhas Bektenov during a July 15 briefing with ...

Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly update that in May, Indias oil demand expanded by 110 thousand barrels per day (tb/d), y-o-y, up from an increase of 21 ...

Nigeria is opening conversation with the Organisation of Petroleum Exporting Countries (OPEC), seeking production capacity of 2.4 million barrels per day (bpd).

The average daily crude production of Nigeria increased above the quota allocated to it by the Organisation of the Petroleum ...

The average Russian oil price calculated in roubles has stayed below the federal budget's target for 2025, Reuters ...