According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...

GEOPOLITICAL RISKS: A chaotic rollout of U.S. tariffs and escalating threats against trade partners are rattling global markets, putting pressure on oil. In his latest move, President Trump threatened ...

Barclays on Friday lowered its 2025 Brent oil price forecast by $9 per barrel to $74 per barrel, citing a softer demand ...

IEA Says Trade Tensions Weigh on Oil Demand, Warns of Supply Surplus The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the ...

Oil prices extend gains, rising more than 2% after the latest U.S. data pointed to a large drop in gasoline inventories and cooling inflation. The U.S. oil gauge WTI is up 2.3% at $67.73 a barrel, ...

U.S. crude oil inventories rose by 3.6 million barrels last week, which was more than expected, resuming an upward trend ...

Oil executives, business interests push economic benefits of carbon capture as President Trump takes aim at climate funding ...

THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel on January 15th, fuelling fears over achievement of the Federal Government’s ...

Distillate fuel inventories grew by 3.9 million barrels from the previous week. Crude oil imports increased by 98,000 bpd, averaging 5.9 million bpd. Over the past four weeks, crude oil imports ...

has maintained its 2025 forecast for Brent crude at an average of US$76 per barrel (bbl), slightly lower than the average of US$80/bbl in 2024. In its oil price outlook report released today ...

Those rising cash returns could help give ConocoPhillips the fuel to produce strong total returns for its investors this year if oil continues to hover around $70 a barrel. Devon Energy has ...