Dubai’s equity index gained 4.1% during the month, while other Gulf markets had a mixed performance amid trade war concerns ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Nigeria, Africa’s largest oil producer, has been left out of a new output increase arrangement by eight members of the OPEC, ...

Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s tariffs on most countries ...

OPEC+ decided to increase its production hike for the second time over the weekend, causing prices to slump again this morning.

Crude oil remains a cornerstone of the global energy economy, with a few key nations dominating production. ・United States ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Oil prices are falling further as OPEC and its allies plan to ramp up production. That could be a bonus for the U.S. consumer as recession risks still lurk. Oil prices are sitting at around $60 a ...

Meanwhile, oil bulls are throwing in the towel. Standard Chartered slashed its 2025 Brent forecast by $16 to $61/bbl, citing ...

WTI crude oil futures slipped nearly 2% on Monday after OPEC+ announced it will increase production output by 411,000 barrels ...

Goldman Sachs trimmed its oil price forecasts, saying it expects the Organization of the Petroleum Exporting Countries and its allies to continue accelerating output hikes. The cartel and its allies ...

State-owned oil giant Saudi Arabian Oil Co., known as Aramco, set its official selling price for June loadings of Arab Light to Asia at $1.40 a barrel over the Oman/Dubai average, from $1.20 a barrel ...