Oil prices climbed on Wednesday, maintaining their highest levels since June 23, lifted by attacks on shipping in the Red Sea ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

The agency cut its 2026 Brent price estimate to $58 a barrel from $59 previously. The EIA sees West Texas Intermediate crude, the U.S. benchmark, averaging $65 a barrel this year and $55 in 2026, ...

Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...

Saudi Arabia’s crude exports and production rose sharply in April as OPEC+ accelerated plans to unwind its oil output cuts, ...

The Vice President of Dangote Industries Limited, Devakumar Edwin, says the refinery has long-term contracts, and will focus ...

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.