Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC's demand ...
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...
OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.
Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest ...
Crude oil prices have dropped nearly 9% from an early October high of $80.35 per barrel, with Brent crude struggling ...
In its Monthly Oil Market Report (MOMR) released in November, OPEC clarified that its figures were based on secondary ...
Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...
Crude oil faces technical hurdles at $69.21 as OPEC cuts demand forecasts for 2024-25. Weak Chinese demand weighs on market.