Potential supply disruptions due to geopolitical tensions and increasing demands could cap the downside for WTI.

Factors influencing oil prices include lower production data from OPEC and Russia and anticipated increase in demand from ASEAN due to an economic stimulus package from China.

The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.

The competitive advantage for U.S.-based manufacturers, who consume roughly one-third of the country's energy resources, ...

From natural gas supply and demand dynamics to OPEC+ decisions, heightened volatility could be ahead in 2025. Read more here.

China may import less crude oil from Saudi Arabia on a month-on-month basis in February after the Kingdom hikes prices for ...

Saudi Arabia's oil exports to China are expected to decrease in February due to a price increase by Aramco, impacting the ...

A top APC governor has given two reasons why Nigeria, despite its "capacity", is not producing 3 million fuel barrels per day ...

Kuwait Financial Centre “Markaz” released its Monthly Market Review report for December 2024. Kuwait equities, which declined ...

Oil prices declined over 1% as U.S. fuel inventories surged and a stronger dollar pressured the market, despite supply cuts ...

TOKYO: Oil prices fell on Thursday, extending losses from the previous day, pressured by large builds in U.S. fuel ...