Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC's demand ...
Nigeria is one of Africa’s largest crude oil producers and most of its exploration happens in the south of the country. A ...
Saudi Arabia's crude oil exports in September rose to their highest level in three months, data from the Joint Organizations ...
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 ...
If the heavyweight Saudi Arabia is no longer willing to give up market share in favour of higher prices, and the cartel ...
Nigeria has cranked up its oil production to a respectable 1.8 million barrels per day, and now claims it could hit 2 million bpd of production by year's end ...
Oil prices were mixed in early Asian trade. Market sentiment was likely weighed after OPEC cut its demand forecasts, Westpac said.
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, the IEA said, ...
Oil prices remained under pressure this week as demand concerns continue to dominate the narrative in the oil market despite steep inventory draws.