Oil benchmark Brent has held its price floor above $70 for much of November having threatened to breach it at one point. It ...

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

Nigeria is one of Africa’s largest crude oil producers and most of its exploration happens in the south of the country. A ...

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 ...

Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC's demand ...

OPEC cut its forecast for global oil demand growth this year and next on Tuesday, highlighting weakness in China, India and ...

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

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, ...

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 ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...