The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

Nigeria’s oil production surged in February, exceeding its OPEC quota of 1.5 million barrels per day by 70,000 bpd, and ...

Politics performs a giant function in shaping the dynamics of the oil marketplace, influencing delivery and demand, pricing mechanisms, and buying and selling techniques. As one of the most ...

The move is more likely aimed at balancing geopolitical risks and appeasing President Trump amid his push for lower oil prices.

OPEC and allies, known as OPEC+, agreed in December to defer the start of output rises by three months until April and extend the full unwinding of cuts until the end of 2026 due to weak demand and ...

The recent drop in crude oil (CL=F, BZ=F) prices raises concerns about its impact on global markets. Factors such as ...

He who cannot change the very fabric of his thought will never be able to change reality.—Anwar Sadat, Former President of ...

EUR/USD gains above 1.0800 in Thursday’s European trading hours, helped by sustained US Dollar weakness and the optimism around Germany's fiscal reforms. However, the further upside could be elusive ...

Oil headed lower for a fourth straight session Wednesday, with crude prices hitting their lowest levels since September, on ...

The Organization of the Petroleum Exporting Countries and allies’ decision to raise crude oil production from April seems ...