Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market than widely thought, thanks to one overlooked factor - at least according to one ...

MOSCOW. July 1 (Interfax) - OPEC+ member countries have the capacity to increase production by 386,000 barrels per day to 36.526 million bpd by June, taking into account quotas and compensation ...

African Development Bank Approves $474.6 Million Loan to support South Africa's Infrastructure Governance and Green Growth ...

Oil prices steadied on Tuesday after sliding earlier in the session, with the market weighing expectations of an OPEC+ output ...

Past conflicts involving oil-producing nations in West Asia have significantly impacted global crude-oil prices. However, the ...

Oil prices were steady on Tuesday as investors assessed expectations that OPEC+ will announce an output hike for August at an ...

Oil prices are under pressure as expectations grow that OPEC+ will announce a large supply increase for August. Given its ...

Nigerian crude prices dipped to a three-week low on Tuesday, falling back to rates seen before the recent Israel-Iran fighting ...

The price action came amid concerns that the coalition of oil-producing nations, known as OPEC+, might press ahead with its ...

Oil prices steadied on Tuesday after sliding earlier in the session, with the market weighing expectations of an OPEC+ output ...

Seville, Spain – At the Fourth International Conference on Financing for Development (FfD4), the Arab Coordination Group (ACG ...

West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $64.29 per barrel, down from Monday’s close at $64.43. Brent Oil Exchange Rate (Brent crude) is ...