Oil prices were lower in early Asian trade. Investors were still digesting OPEC’s recent move to cut its forecast for global oil demand, ANZ Research said.

Crude has alternated between weekly gains and losses since mid-October, with traders weighing tensions in the Middle East, OPEC+ supply policy, and risks to demand growth, especially in China.

Libya’s state National Oil Corporation (NOC) announced today that the country has reached new production levels – the highest ...

THE Organisation of Petroleum Exporting Countries, OPEC, yesterday, said Nigeria’s oil output, excluding condensate, was 1.434 million barrels per day, bpd, in October 2024.

CFRA Research Energy equity analyst and deputy research director Stewart Glickman joins Asking for a Trend to discuss his ...

Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...

U.S. and global crude-oil prices on Wednesday touched their lowest levels in about two weeks, a day after OPEC+ lowered expectations for global demand growth. Traders also weighed prospects for oil ...

Shale E&P companies are demonstrating financial resilience and the ability to generate strong cash flows, even at lower oil ...

Crude oil inventories in the United fell by 777,000 barrels for the week ending November 1, according to The American ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

HAMILTON, BERMUDA, November 12, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended September 30, 2024. The full report is available here ...

On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels a day in 2024 to 1.8 million barrels a day, or mbd, citing updated data for the first three ...