A bipartisan group of U.S. senators introduced a bill to limit, not prohibit, the sale of crude oil from the U.S. Strategic ...

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

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with its GDP per capita plummeting by 72.35 per cent.Data obtained from the ...

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 ...

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 ...

With the world pivoting towards cleaner energy sources and facing political uncertainties, 2025 can be a critical year for ...

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 increased market uncertainty, with potential supply-demand imbalances leading to ...

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