The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

The return of Chinese market participants after a five-day public holiday since May 1 was also seen supporting prices on ...

Palantir Technologies lifted its annual sales guidance, but shares in the artificial intelligence-focused data firm sank in ...

Barclays lowered its Brent crude forecast on Monday by $4 to $70 a barrel for 2025 and set its 2026 estimate at $62 a barrel, citing “a rocky road ahead for fundamentals” amid escalating trade ...

Brent crude futures and U.S. West Texas Intermediate crude had settled at their lowest since February 2021 on Monday, driven ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due to reduced drilling activity prompted by lower oil prices.

Just weeks earlier, at the sidelines of the IMF/World Bank Spring Meetings in Washington D.C., Finance Minister Wale Edun was asked directly about the implications of falling oil prices on the ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

THERE were increased concerns over the implementation of Nigeria’s 2025 budget, weekend, as oil price dropped further to $59 per barrel from more than $70 per barrel, the lowest this year.

The price of home heating oil and fuel in Northern Ireland are at their lowest levels since 2021 and the advice is to buy now ...

Crude oil remains a cornerstone of the global energy economy, with a few key nations dominating production. ・United States ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...