The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

Vandana Hari of Vanda Insights forecasts a more stable oil market in 2025. Reduction in geopolitical strains and strategic ...

With the world pivoting towards cleaner energy sources and facing political uncertainties, 2025 can be a critical year for ...

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...

Trump’s promotion of fossil fuel-driven growth poses significant challenges, but there are mitigating factors as well.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said the country exceeded its Organization of ...

The report showed that Nigeria retained its position as the largest oil producer in Africa, surpassing Algeria, which ...

Saudi Arabia reported a significant budget deficit of 57.7 billion riyals in Q4 2024, marking an increase from the previous ...

The dollar-denominated crude market also faces pressure from rising US inflation, reinforcing expectations that the Federal ...

In its February monthly oil market report, OPEC projects a "healthy" increase in global oil demand, estimating growth of 1.45 million barrels per day (bpd) in 2025, followed by a rise of 1.43 million ...

Oil futures backed off from a three-session rally as U.S. crude inventories posted another large weekly build, President Trump and Russia's Vladimir Putin agree to start negotiations toward ending the ...

"Crude demand clings by a thread," Bank of America said, predicting that slowing global GDP and green infrastructure will ...