The Trump White House confirms efforts to restore the nation's emergency oil reserve following its depletion during the ...
Oil prices continue to search for direction as a supply scare from Iraq turned out to be short-lived, with most market ...
The Indian rupee is experiencing a significant decline against the US dollar, which could impact inflation, exports, and ...
The Daily Overview on MSN

A 1B-barrel oil glut is building at sea

Oil is piling up on the water at a scale the industry has never seen, with close to a billion barrels now sitting in tankers ...
In a campaign-style rally in Pennsylvania on Dec. 9, President Donald Trump honed a message of "lower prices, bigger ...
The G7’s proposed plan to bar tankers from hauling Russian oil ups the ante in the West’s economic stand-off with Moscow, but the ultimate bite hinges on whether governments will ratchet up ...
Christmas, and with the look of things, Nigerians will celebrate another yuletide without the usual fuel scarcity.
The ongoing drop oil-prices is being cushioned by the Central Bank of Nigeria CBN’s) flexible foreign exchange (FX) regime, ...
KUWAIT: Oil prices have held in the lower $60s/bbl range over the past month, with geopolitical developments providing the main upside impetus against a backdrop of oversupply. Global oil demand ...
Increases of $5 billion in earnings and cash flow growth at constant prices and margins vs. prior plan with no capital ...
Oil prices climbed on Monday as supply disruptions linked to escalating U.S.-Venezuela tensions outweighed oversupply worries ...
Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...