U.S. stocks were mixed on Wednesday and gold gained strength as bank earnings continued to beat expectations while fears of ...

The House of Representatives has called on the Federal Government to immediately reverse the recent hike in the prices of ...

Even as oil prices swirl amid the turmoil gripping the Middle East, many traders have remained resolutely pessimistic about ...

The Middle East is alight with conflict and threatens a significant amount of the world's oil production. Read why I am ...

Fuel prices fell 7% on month, the fastest rate this year. Oil prices hit their lowest level in years in September after oil cartel OPEC slashed its outlook for demand. Nonfuel imports meanwhile inched ...

A complete stop to Red Sea transits would sharply increase shipping bunker demand in 2024 as the knock-on impact of global ...

Inflation's downward trajectory, combined with slowing wage growth, emphasizes BOE Governor Bailey's recent comments that more aggressive interest rate cuts are possible, Swissquote Bank said, adding ...

Saudi Arabia’s oil production hike plan may not break Russia’s petro-export-fueled economy, but escalations between Iran and ...

In a report sent to Rigzone late Tuesday by Standard Chartered Bank Head of Commodities Research Paul Horsnell, analysts at the company, including Horsnell, said “the path of oil prices in October to ...

On the supply side, the IEA estimates non-OPEC+ production to increase by 1.5m b/d this year and next. Globally, the agency expects production to increase by 660k b/d this year to 102.9m b/d with ...

Oil traders brace for bearish 2024 outlook as supply is set to outpace demand, with prices pressured by weak Chinese ...

The National Security Adviser, Nuhu Ribadu, stated a year ago that the country is losing 400,000 barrels of oil per day to crude oil thieves.