The Russian economy suffers from falling oil prices, budget constraints, and rising corporate debt, while the West tightens ...

The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

Vandana Hari of Vanda Insights forecasts a more stable oil market in 2025. Reduction in geopolitical strains and strategic ...

Trump’s promotion of fossil fuel-driven growth poses significant challenges, but there are mitigating factors as well.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said the country exceeded its Organization of ...

OPEC has maintained its oil demand forecast despite concerns over U.S. President Trump’s trade policy. The group cited ...

The report showed that Nigeria retained its position as the largest oil producer in Africa, surpassing Algeria, which ...

Saudi Arabia reported a significant budget deficit of 57.7 billion riyals in Q4 2024, marking an increase from the previous ...

Fresh US sanctions on Russia’s oil exports have yet to impact supply, the International Energy Agency said on Thursday.

Oil futures backed off from a three-session rally as U.S. crude inventories posted another large weekly build, President Trump and Russia's Vladimir Putin agree to start negotiations toward ending the ...

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...