Oil prices rose on Friday after the EU agreed new sanctions against Russia, while drone attacks on northern Iraqi oil fields ...

Crude oil futures fell for the third straight session, dragged down by higher inventory levels of U.S. fuels and concerns ...

OPEC+ demand forecasts support oil prices, but a record 19.1M-barrel U.S. crude build raises fresh oversupply concerns for ...

Oil prices are influenced by a complex interplay of supply, demand, and geopolitical events, not solely by OPEC or U.S.

Global markets rallied as positive economic data and earnings reports offset concerns about Middle East tensions. Despite ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the extra crude, and will the group actually export the additional barrels they say ...

India’s crude oil imports from the United States surged more than 50% in the first half (H1) of 2025. However, Russia ...

Last month, estimates put Iraq’s crude oil exports to the United States surging past 5 million barrels in May, marking Baghdad’s highest monthly volume to U.S. refiners so far this year. The surge ...

Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using ...

One big company that is calling out those concerns is Standard Charter which according to Oilprice.com said that they see a potential upside in the price of a barrel of oil at $115.00 mainly because ...

Oil-importing nations like Egypt should expand their domestic storage infrastructure to capitalise on current low prices and buffer against future fluctuations, writes Gamal Al-Qalubi ...

The Pentagon Pizza Index theorizes that a sudden increase in pizza orders near the Pentagon often precedes major global ...