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.

At the same time, oil consumption in China, the world’s largest crude consumer, has declined for six consecutive months ...

Saudi Arabia's crude oil exports in September rose to their highest level in three months, data from the Joint Organizations ...

If the heavyweight Saudi Arabia is no longer willing to give up market share in favour of higher prices, and the cartel ...

Today (November 15, 2025), at COP29, the Government of Benin together with international financial institutions and development partners (DPs), unveiled an ambitious vision for climate action.

“The U.S. oil sector, however, does not exist in a vacuum - and signs that the U.S. is ramping up production could provoke a ...

The International Energy Agency forecast global oil supply will exceed demand in 2025 even if cuts remain in place from OPEC+ ...

As with last year’s COP28 climate talks in Dubai, significantly more fossil lobbyists have been granted access to COP29 than ...

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, ...

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