Crude inventories stateside have perhaps offered the final pointer of 2024 marginally lifting oil prices but demand concerns ...

The decision by OPEC to delay the future ramp up in output from Jan 2024 to April 2024 likely dropped the STEO estimate for ...

Oil prices settled more than 1 per cent higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, ...

Kuwait Oil Company (KOC) has announced the addition of 90,000 barrels of heavy crude to its production, with more to come.

After rebounding from the pandemic-induced bust, drillers pushed U.S. production to a record of over 13 million barrels a day ...

The Defence Headquarters, DHQ, has announced that troops on internal security operations arrested two terrorist ammunition couriers and 256 other suspects ...

This past year has been a relatively quiet one for the oil market. After a brief bounce, crude prices are on track to end ...

Budget was the most dishonest in history. By November 2022, the exchange rate at the parallel market was already close to ...

Trump takes office January 20, and has threatened to quickly hit products from Canada and Mexico with 25% tariffs unless they ...

February Brent crude the global benchmark, rose by 57 cents, or 0.8%, to $73.42 a barrel on ICE Futures Europe. Back on Nymex ...