The oil market has shifted from concerns of a surplus to fears of a deficit due to factors such as sanctions and increased ...

By bno Chennai bureau India’s energy security remains steady despite new US sanctions targeting Russia, Indian Oil ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

Crude oil prices dropped as traders reacted to Trump’s Davos speech urging OPEC to lower prices and expectations of increased U.S. production.

Data as of Jan. 6, 2025. By unwinding more slowly, much smaller supply growth reduces the impact on price. Even so, forecasters see non-OPEC supply growth exceeding global demand growth in 2025.

Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production ...

Global crude prices were on course to finish lower at the end of US President Donald Trump’s first working week back in the White House as concerns over how his economic policies may affect global ...

The latest round of U.S. sanctions against Russian oil, announced last Friday, could significantly disrupt Russia's oil ...

The International Monetary Fund downgraded its growth forecasts for Saudi Arabia by more than any other major economy it ...