OPEC+ is meeting this coming weekend to discuss the next steps in its production control plan. Early reports suggest the group will stick to a pause in the rollback of its cuts. Yet commentators say ...

A dramatic clash is brewing between the IEA’s warning of a massive 4 million bpd oil surplus in 2026 and OPEC+’s insistence ...

On the eve of a contentious OPEC meeting in the 1980s, one of the cartel’s top officials penned a poem that caused quite a ...

Oil, gold, and silver markets react to the Thanksgiving holiday, Fed rate cut speculation, OPEC meeting, and Russia-Ukraine ...

Crude oil has held largely steady this year but JPMorgan forecasts a market glut that’ll send it sliding over the next two ...

Dangote Group picks US firm Honeywell to double refinery output, enhance polypropylene production, and strengthen Nigeria’s energy and industrial security.

OPEC+, which controls roughly half of the world's oil production, has decided to pause oil output hikes through Q1 2026. The ...

Oil prices are on course to fall to their lowest level in two decades outside the pandemic, analysts at JP Morgan have ...

Venezuela's President Nicolas Maduro has both the incentive and the flexibility to provide crude oil cargoes to US.

"Sending more oil to the U.S. and protecting U.S. investment in Venezuela is something Maduro can easily offer," said energy ...

A key player in the oil industry and central to producer-consumer relations, the Organization of the Petroleum Exporting Countries (OPEC) was formed by major oil exporters to stabilize prices and ...

The April WTI trading session settled at 68.26 (-0.11) [-0.16%], a high of 68.56, a low of 66.77. Cash price is at 68.38 (-1.35), while open interest for CLJ25 is at 271,199. CLJ2 ...