Oil benchmark Brent has held its price floor above $70 for much of November having threatened to breach it at one point. It ...

November 19, 2024 - In a report released Tuesday, HSBC projected that OPEC+ will extend its current production cuts by an ...

On the upside, the 55-day Simple Moving Average (SMA) at $70.05 is the first barrier to consider before the hefty technical level at $73.17, which aligns with the 100-day SMA. The 200-day SMA at ...

Nigeria is one of Africa’s largest crude oil producers and most of its exploration happens in the south of the country. A ...

Oil prices rose by more than 3% after Russia’s massive strike against Ukraine on Sunday – the largest of its kind since Aug.

At the same time, oil consumption in China, the world’s largest crude consumer, has declined for six consecutive months ...

Oil prices rose on Tuesday, extending steep gains from the previous session as production was halted at Norway’s Johan ...

President-elect Donald Trump may find the road to cheaper gas prices is a little rocky. “Frack, frack, frack and drill, baby, ...

Saudi Arabia's crude oil exports in September rose to their highest level in three months, data from the Joint Organizations ...

If the heavyweight Saudi Arabia is no longer willing to give up market share in favour of higher prices, and the cartel ...

Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar ...

U.S. crude oil prices edged higher Thursday but ended the day below $69 per barrel, driven by expectations of a large global ...