Global benchmark crude prices posted their first weekly gain in a month Friday, finding support as the U.S. looked to reduce ...
Gasoline futures were also struggling to close out the week in the black. The Nymex March RBOB contract was off by 2.21cts to $2.0886/gal, leaving it down by nearly 2cts week to week and more than ...
Nigeria has successfully reached its crude oil production target set by OPEC, according to a report from the NUPRC.
Oil prices are set to end the week higher, ignoring the prospect of a Russia-Ukraine peace deal and a broader trade war ...
The stocks of oil majors Chevron (CVX), Exxon Mobil (XOM), and Occidental Petroleum (OXY) are up about 1% each after the ...
The International Energy Agency modestly raised its forecast for global oil-demand growth and said improved compliance with ...
Venezuela, which once was one of the richest countries in Latin America, is now dealing with hyperinflation, migration and ...
Crude oil prices jumped at the Asian open as index futures and major currency pairs gapped lower, in response to President Donald Trump announcing tariffs on Canada, Mexico and China, and warned that ...
President Donald Trump has vowed to lower oil prices and unleash a fossil fuel frenzy during his second term, but he likely has very little room to bring crude prices down further. That's because ...
He said gas prices there could rise by more than 20 cents within days of the tariffs taking effect. The US is producing record amounts of crude oil with domestic production amounting to about 60% ...
Despite challenging oil price forecasts, TotalEnergies is expected ... a corporate tax rate of 39% (aligned with the company's historical average) and net interest expenses (including leasing ...
One source said these took place on the sidelines of the Arab Energy Fund's 50th anniversary celebration in Riyadh, and were not a planned OPEC meeting. Oil prices have risen this year, with Brent ...
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