Remembering Gamani Corea: by Leelananda De Silva I refer to Amali Wedagedera’s article on Gamani Corea, which appears in the ...

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 ...

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 ...

SYDNEY, Nov 18 (Reuters) - China's crude oil surplus nearly halved in October, but this was a further sign of weakness as both imports and refinery runs dipped. The volume of excess crude was about ...

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

Gabon is holding a referendum on whether to adopt a new constitution, more than a year after mutinous soldiers overthrew the country’s long-time president and seized power in the oil-rich Central Afri ...