President-elect Donald Trump announced the nomination of oil industry executive Chris Wright to lead the Department of Energy ...

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.

Iraq’s economic growth is climbing as it leverages its connections with major economies in the East and the West—and its ...

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 ...

Fund projects sultanate's growth to remain at 1.2% this year, slowed by extended oil production curbs by Opec+ ...

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

Trump’s goal to increase US oil production — by making fracking more accessible with open drilling permits and by expanding ...

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

India unlikely to reduce Russian crude imports under Trump administration due to price advantages, potential US collaboration ...