World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind ...

US President Donald Trump said on Thursday, “I think we are getting very close to getting a deal with Iran.” The US oil, WTI, is hitting a fresh leg lower on these above comments. At the time of ...

Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...

Find insight on OPEC production, E.ON, crude futures and more in the latest Market Talks covering Energy and Utilities.

Crude futures settled lower after four straight sessions of gains, with the market seeing a bearish tilt in an inventory build and OPEC keeping its demand growth estimates unchanged while returning ...

NACCO Industries® announced today that its Board of Directors declared a regular quarterly cash dividend of 25.25 cents per share, which represents an 11% increase compared to the prior quarterly ...

For example: if the crude oil surges up in ... with no significant tax policy changes influencing diesel prices. However, global developments in OPEC production outputs and U.S.-Iran nuclear ...

The petrol prices in the country change regularly on a daily ... trade tensions and economic factors persist. OPEC’s decision to increase oil production beyond expectations has also contributed ...

Oil prices have slumped this year. WTI, the primary U.S. oil price benchmark, has fallen more than 10% this year to the low-$60s. That's due to demand concerns from a potential slowdown in the global ...

Sanctioned in June 2019, the second development phase, or Mero-2, includes the FPSO Sepetiba with a production capacity of 180,000 barrels of oil per day (b/d) and a compression capacity of up to ...

HIGHLIGHTS Revenue for the first quarter of 2025 was $436.5 million, a one percent increase from the first quarter of 2024 revenue of $431.3 million.Revenue by geographic area:Canada - $152.0 million, ...

Technological developments and changes in resource distributions along the oil supply chain will also impact crude oil spot prices. The increased focus on renewable energy is already accelerating such ...