Oil prices opened about 1% higher on Monday after the United States vowed to keep attacking Yemen's Houthis until the ...

Goldman Sachs has lowered its December 2025 and average 2026 forecasts for Brent and WTI crude oil prices, citing slower oil demand growth prospects and expectations of higher OPEC+ supply, it said in ...

Goldman Sachs has also lowered its forecast for oil demand growth this year by 18% to 9,00,000 barrels a day as the US ...

According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...

Oil rose for a second day after China, the world’s biggest importer, said it would take steps to revive consumption by boosting incomes.

Trump’s current high tariffs policy would deepen distrust of the dollar and will cost America massive reputational damage ...

VIENNA, 14th March, 2019 (WAM) -- The price of OPEC basket of fourteen crudes stood at US$66.60 a barrel on Wednesday, 13th March, compared with US$66.30 the previous day, according to OPEC ...

Can Nigeria become a competitive producer and supplier of petroleum products for both domestic and international markets? This question has become increasingly urgent as the country grapples with ...