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 ...

The latest report from the International Energy Agency (“IEA”) reveals significant shifts in the global oil market. Supply is increasing, but demand growth is slowing, with projections of a surplus by ...

The Doha-headquartered Gas Exporting Countries Forum (GECF) and the Organisation of the Petroleum Exporting Countries (Opec) have declared their shared commitment to ...

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 ...

Offshore conventional projects are projected to contribute nearly 700,000 b/d to the anticipated 1.5 million b/d rise in ...

Last month, France’s TotalEnergies greenlit its US$10.5 billion GranMorgu project in Suriname, which borders Guyana. Off the ...

The price for WTI has fallen from $72.26 close on election day to $67.03 in trading early Monday. But if the price goes too low, OPEC could cut its own production to keep prices higher, said the ...

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

The Soviet Union's strategy in Vietnam holds lessons for Ukraine to force Russia to withdraw from its territory, a security ...

The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...