With global oil demand at 104 million barrels per day and supply at 105.2 million, the market is now oversupplied by over one ...

Sen. Heineken Lokpobiri, has called on the international community, particularly the Global North, to recognise Africa as a vital part of the global energy landscape and to open investment ...

While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his renewed attacks on trading partners this week have solidified consensus on at least one matter: ...

America just went through the world’s most expensive energy divorce, complete with lawyers, custody battles over tax credits, and dramatic social media announcements. But like most breakups, this one ...

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

All day - The Consumer Price Index report for June will be released by the U.S. Bureau of Labor Statistics. Economists with Deutsche Bank expect +0.4% month-over-month increase in CPI in a notable ...

Saudi Arabia’s energy ministry stated that the kingdom remained fully compliant with its voluntary OPEC+ production target in ...

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency (IEA) said on Friday, as refineries ramp up processing to ...

Here's a look at what happened in oil markets in the week of July 7-11 and what the focus will be on in the days to come.