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 ...

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

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 ...

Investing.com-- Oil prices fell slightly in early Asian trade on Tuesday, steadying after clocking sharp gains in the prior ...