Brent crude futures dropped 3.61 per cent, to $59.08 a barrel, while US West Texas Intermediate crude was at $56.00 a barrel, down by 3.93 per cent ...

The nations agreed last month to collaborate on the two plants, as the largest oil exporter seeks to tap a massive market ...

Oil prices fell more than 2% on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, spurring ...

Despite ramped-up production, regional demand for sustainable aviation fuel has lagged. A new initiative by Temasek-owned ...

Crude futures took a dive on Monday, after the cartel announced an additional 411,000 barrels a day of supply for June.

Oil prices fell more than $2 a barrel in Asian trade on Monday as OPEC+ is set to further speed up oil output hikes, spurring ...

DubaiOil prices fell sharply following OPEC+’s decision to boost output, sparking fears of a global supply glut as demand struggles under the weight of ongoing trade tensions. The agreement reached at ...

Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...

Oil prices fell more than $1 a barrel on Monday as OPEC+ is set to further speed up oil output hikes, spurring concerns about ...

West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $56.13 per barrel, down ...

Domestic gas demand and efficient management of the shut-down programme lead to net income of $1.27bn; EBITDA grows 4% to $2.16bn ...

Nigeria is staring down the barrel of twin macroeconomic shocks as Brent crude prices plunge below $60 per barrel. This ...