Global benchmark crude prices posted their first weekly gain in a month Friday, finding support as the U.S. looked to reduce ...

Canada and Mexico together supply 70% of US crude imports, with Canada alone contributing over 60% (4.1 million b/d in 2024). However, this figure understates the deep ...

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 ...

In agreement with petroleum minister Hardeep Puri’s observation that the “Trump presidency is good news for oil”, Vandana ...

I used to be an oil executive. Here’s how market forces, not politics, killed the oil boom—and why new pipelines won't save ...

Nigeria's crude oil production has exceeded the 1.5mbpd oil production assigned to it by the Organisation of Petroleum ...

London-based pools company Tankers International has revealed a growth of Middle East Gulf crude shipments on sanctioned VLCCs. But the company believes this trend could reverse if the US ramps up ...

The production figure which was released in OPEC monthly oil market report showed that the increase was against 1.485mln bpd ...

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...

Nigeria has achieved a significant milestone by meeting its Organisation of Petroleum Exporting Countries (OPEC), crude oil ...

India is the world’s third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its requirement.