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 ...

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

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

Experts believe prices would remain bearish in the short term and might further collapse as the oil market witnesses rising ...

You may have noticed that gas prices have been on the cheaper side over the last several weeks and prices are expected to be ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

Despite the Middle East unrest, traders are focusing on the growing oil production ... even if the Organisation of Petroleum ...

The Wall Street Journal said Trump would "drastically increase" sanctions to "choke off" Iran's oil income, which the U.S. Energy Information Administration reported last month reached $144 billion ...

Most stock markets in the Gulf ended lower on Wednesday ahead of crucial U.S. inflation data that will offer more clarity on ...

Oil prices pared losses from earlier in the session to trade higher on near-term supply risks as market looks to maintain ...

Once completed, the Absheron-Khizi Wind Farm will contribute significantly to reducing the Azerbaijan’s carbon footprint ...