With global oil demand at 104 million barrels per day and supply at 105.2 million, the market is now oversupplied by over one ...

Sen. Heineken Lokpobiri, has called on the international community, particularly the Global North, to recognise Africa as a vital part of the global energy landscape and to open investment ...

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Saudi Arabia’s energy ministry stated that the kingdom remained fully compliant with its voluntary OPEC+ production target in ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency (IEA) said on Friday, as refineries ramp up processing to ...

Here's a look at what happened in oil markets in the week of July 7-11 and what the focus will be on in the days to come.

Oil prices rose on Friday, following US President Donald Trump's announcement of an upcoming statement concerning Russia, ...

OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.

Oil prices steadied in Asian trading on Friday after sharp losses the previous day, as investors assessed new U.S. tariff ...