News

OPEC-member Nigeria has seen a withdrawal of oil majors from onshore and shallow ... Meanwhile, supply contracts with foreign companies, crude theft and attacks on pipelines in the Niger Delta have ...
Oil futures continued to post gains with the market unfazed by OPEC+ plans for higher production and supported by gains in products. Exxon just warned Wall Street of billion-dollar profit hits. Here's ...
Yet in a remarkable turnaround, the Nigerian National Petroleum Company Limited (NNPCL) has declared 100 per cent crude oil .
In the second quarter, the commodity markets experienced a significant uptick in volatility, marking the most turbulent period in three years for the Bloomberg Commodity Index (BCOM).
Energy Information Administration's monthly report on Tuesday predicted that the U.S. would produce less oil by 2025 than originally ...
OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to ...
Fueling The Conversation, Week of July 7th, 2025 Rumblings of another Middle East situation have grabbed headlines over the ...
Oil prices eased on Tuesday following a nearly 2% surge the previous day, as markets digested escalating U.S. tariff tensions ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
Oil prices moved back over $67 a barrel after Saudi Arabia unexpectedly raised prices for its Arab Light crude sold to buyers ...
August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...
Oil prices edged higher Monday even after OPEC+ announced a larger-than-expected supply boost for August, with the physical ...