If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
West Texas Intermediate (WTI) Oil price pauses its four-day losing streak but remains on track for a third consecutive weekly ...
Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...
The experts stressed the need for Kuwait and other Gulf nations to diversify their income sources, and attract foreign investments ...
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Trump’s Oil Ambitions
The global oil industry is at a crossroads, shaped by the competing forces of geopolitical ambition, market dynamics, and the accelerating transition to renewable energy. Two key players-Donald ...
The government significantly subsidizes fuel as part of its broader social welfare initiatives, ensuring artificially low ...
Pump prices of petroleum products are poised to experience another round of mixed adjustments next week, according to the ...
Here is a look at what happened in oil markets in the week of Feb. 3-7 and what the focus will be in the days to come.
Crude oil futures gave up early gains to settle lower in a volatile session Thursday after President Trump repeated his promise to raise U.S. oil production, saying that if oil prices decline, ...
"Oil prices saw some stability return this morning following a volatile session overnight, as traders react to news of U.S.
Chevron is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told Reuters, raising its output to around 1% of global crude supply.
The Kazakhstan Energy Ministry reiterated the country’s dedication to cutting oil production under the historic OPEC+ ...