News

Oil prices are under pressure, despite OPEC+ reportedly nearing the end of its supply hikes. Trump's talk of a “major” Russia ...
Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.
Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...
The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...
OPEC+ shocked markets with surprise production increases starting August, potentially delivering relief to American drivers ...
OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...
Russia intends in August and September to fully compensate for previously producing oil in excess of its OPEC+ quota, in line ...
Russia's revenue from crude oil and oil product sales declined by nearly 14 per cent year-on-year (YoY) in June, reaching $13 ...
The IEA forecasts global oil supply growth will significantly outpace demand in 2025, though a tight summer market is keeping ...
The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...
The International Energy Agency has said it expects global oil demand to grow at the slowest pace since 2009, outside of the ...
US stocks retreated Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated ...