Though hurricanes can interrupt oil production from the Gulf of Mexico and nearby refineries, the supply threat does not always result in higher prices for the most widely traded Texas crude oil.

Such a level will make it very hard to bring up further news regarding the low demand for oil from China, and the ongoing ...

Since UAE deregulated petrol prices in 2015 and aligned them with global rates, the rates are revised at the end of every ...

Stock markets in the Gulf put in a mixed performance on Sunday as geopolitical tensions in the region escalated, with the ...

The global oil market is facing increasing pressure as fears of oversupply loom large . OPEC - the alliance of the Organization of the Petroleum Exporting Countries and its allies mdash;appears ready ...

Oil prices fell sharply on Wednesday after reports said that delegates from Libya’s east and west factions had agreed over the process of appointing a new central bank governor- a move that is ...

Nigeria’s gross external reserves balance increased to about $37.869 billion amidst sustained foreign currency inflows into ...

Amid this apparent divergence in the internal and external markets, the estimated polyester polymerization rate in October has been revised upward beyond expectations. According to the latest ...

The United States’ ability to influence events in the Mideast has waned, and other major nations have essentially been ...

On 5 September 2024, Kuwait and seven other OPEC+ countries agreed to extend their additional voluntary production cuts of ...

HOUSTON: Oil prices settled higher on Friday but fell on the week as investors weighed expectations for higher ...

Leon Cooperman has a long, storied career on Wall Street and was able to consistently generate market-beating returns for ...