Oil prices rebound but face resistance as OPEC+ supply concerns and U.S. stockpiles weigh on market sentiment. Can crude ...

Energy prices have had a volatile start to the year, driven by a combination of sanction and tariff risks, along with colder ...

Major fossil fuel companies have seen their profits fall as crude prices have dropped over demand concerns after soaring in ...

We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed ...

American refineries still rely on Canada’s supply, while OPEC+ nations can manipulate global markets to undercut U.S.

The Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs.

OPEC 12 output fell for a second month in January by 50kb/d m/m to 26.53m b/d, according to a Reuters survey.Among the nine OPEC members with output quotas, output fell by 61k b/d to 21.236m b/d.A ...

The Organization of the Petroleum Exporting Countries (OPEC) saw a decrease in oil output for the second consecutive month in January, according to a recent Reuters survey. A decline in exports from ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...