News

OPEC+ is pushing barrels into a market that is widely expected to be oversupplied later in the year. Brent oil futures have ...
--The dollar traded steady ahead of Wednesday's deadline to complete trade negotiations. The DXY dollar index against a basket of major currencies recently traded unchanged at 97.166, having hit a ...
Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...
Shell has said it expects lower trading and production results for its integrated gas division as the firm battles amid a ...
Oil prices dropped slightly on Monday after the OPEC+ group surprised markets by hiking output more than expected in August, ...
The US Energy Information Administration (EIA) forecasts that OPEC crude oil export revenues will continue to decline in 2025 ...
West Texas Intermediate (WTI), futures on NYMEX, recovers its initial losses and rebounds to near $65.50 during the European ...
In a show of confidence in oil demand, Saudi Arabia on Sunday raised the August price for its flagship Arab Light crude to a ...
Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.
OPEC+ jolted markets by announcing it would flood the market with more oil.
OPEC+ shocked markets by boosting oil output by 548,000 barrels per day in August, risking a global surplus and lower prices, ...
Oil prices receded in early trading on Monday after members of the Opec+ producer group on Saturday agreed to a larger than ...