The fraught outlook for OPEC+ comes even before oil markets absorb the impact of a second term for Trump, who has promised ...

The top crude-buying region is forecast to import 26.42mln bpd in November, up marginally from October's 26.11mln bpd and ...

Looking ahead, the EIA forecasts in its latest STEO that global crude oil production will average 77.04 million barrels per ...

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

Devon Energy fundamentals are strong, with record-breaking production and efficiency gains, particularly in the Delaware ...

Until August, OPEC had kept the outlook unchanged since its first forecast in July 2023. In the report, OPEC also cut its 2025 global demand growth estimate to 1.54 million bpd from 1.64 million bpd.

On the other side, traders need to look towards $67.12 – a level that held the price in May and June 2023 – to find the first support. In case that breaks, the 2024 year-to-date low emerges at $64.75, ...

The US Dollar Index bounces off support after traders took profit in their Greenback rally.

The Federal Government is considering adding a fresh liability of $2.2 billion to the existing debt overhang as part of its plans to fund ...

"The eight OPEC+ countries Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, which previously announced additional voluntary adjustments in April and ...

It was also noted that crude oil production fell short of the OPEC quota of 1.58 million barrels ... The monies were said to have been spent between 2022 and 2023, per details on the company ...

The eight countries "have agreed to extend the November 2023 voluntary production adjustments ... weakening global demand outlook, and ample non-OPEC supply". But any boost to oil prices would ...