OPEC stated in its monthly oil market report that the global oil demand growth forecast for 2025 remains at 1.3 mb/d, year-on-year (y-o-y), unchanged from last month's assessment. Some minor ...

UAE PMI remains in expansion territory at 53.5 while Dubai real estate transactions soar 38 per cent in value and tourism exceeds pre-COVID levels ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Supply is set to rise three times faster than demand ...

Analysts at Optimum Global have projected that the naira will trade between N1,500 and N1,600 in the second half of ...

Crude oil dips toward the 200-day moving average as rising U.S. inventories and tariff threats offset stronger oil demand ...

MOSCOW, July 16. /TASS/. Trump’s new framework of arms supplies to Ukraine, the potential fallout of new tariffs against Russia’s trade partners, and OPEC signals openness to new members. These ...

ASTANA – Kazakhstan remains committed to its obligations under the OPEC+ agreement and is not considering leaving the alliance, said Prime Minister Olzhas Bektenov during a July 15 briefing with ...

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...

Oil prices rose on Wednesday, boosted by expectations of firm summer demand in the world's two largest consumers, the United ...

OPEC says oil prices rebounded strongly in June following months of pressure from seasonal demand lulls and growing refinery ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Supply is set to rise three times faster than demand ...

The data also showed that China's crude oil throughput in June jumped 8.5% from a year earlier, indicating stronger fuel ...