News

South America has become a crucial driver of global crude oil supply growth as production stagnates in other regions. Brazil,…

Crude oil inventories in the United States fell dramatically by 7.4 million barrels for the week ending August 30, according…

Oil market analysts are bracing for further volatility in the coming weeks after crude futures tumbled to a nine-month low.…

Citi has projected that oil prices could fall to $60 per barrel next year if OPEC+ does not impose additional…

Saudi Aramco, the world’s largest crude oil exporter, is actively seeking new acquisition opportunities in the downstream and liquefied natural…

Five years ago, Egypt was poised to become a key player in the regional and possibly global gas market. This…

Oil prices experienced a decline early Tuesday, with Brent crude slipping below $75 per barrel for the first time this…

In the global market, the price of Azerbaijani oil, known as “Azeri Light,” has dropped by $3.01, or 3.69%, bringing…

Motorists can expect some relief at the pump as oil prices have sharply declined, signaling a return to normal after…

In a recent update on Saxo Bank’s website, Ole Hansen, the Head of Commodity Strategy, discussed the current state of…