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 ...

The Uyo Zonal Command of the Economic and Financial Crimes Commission, EFCC, said it has taken over the investigation of three suspected illegal crude oil ...

WTI crude futures recover from a sluggish opening and close higher ... The recent price weakness "was actually linked to perceived hit to oil demand in any trade war between the US and China," ...

U.S. refinery capacity is forecast to have risen to 91.3% in the week ended Nov. 8, from 90.5% in the previous week. "U.S. Crude-Oil Stockpiles Rose, Analysts Say," at 2:20 p.m. ET, incorrectly said ...

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 ...

Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global oil demand growth ...

(Bloomberg) -- Oil trader Petroineos has been snapping up benchmark crude in the North Sea market at the fastest pace in at ...