News

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...
The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil ...
Oil prices were steady on Friday, as trade talk optimism supported the outlook for both the global economy and oil demand, balancing news of the potential for more oil supply from Venezuela.
TotalEnergies said Thursday its net profit plunged in the second quarter despite increased output as global oil and gas ...
Big Oil's trading profits are under scrutiny as wild oil price swings, largely driven by geopolitical events, present a challenging environment for capturing upsides.
Firstly, at the aggregate level, the Gulf countries' current account will continue to record surpluses, but public finances will slip into the red. The aggregate budget deficit is expected to reach 3% ...
Since 2020, data shows that the correlation between oil prices and the U.S. stock market has a modest positive correlation.
WTI crude oil continues to decline toward $64, showing bearish price action, while natural gas displays price uncertainty ...
EU trade war could curb fuel demand. Brent crude futures fell to $68.97 a barrel, while U.S. West Texas Intermediate crude ...
Nigeria's current account surplus is projected to decline sharply in 2025, dropping to 2.7% of GDP from 9.2% in 2024, ...
Oil prices dipped slightly on Monday, with the latest European sanctions on Russian oil expected to have minimal impact on ...
Brent rose toward $69 a barrel after a three-day decline, while West Texas Intermediate was near $66 a barrel.