On September 5, 2023, Kuwait, alongside seven other member countries, agreed to extend an additional voluntary production cut ...

Domestic gasoline and diesel prices are to drop NT$0.2 and NT$0.3 per liter respectively this week after international crude ...

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

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 ...

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 ...

Oil prices plummet on international markets, awaiting a production increase by OPEC+ and rumors that speak of a Saudi ...

Earlier this week, Saudi Arabia reportedly decided to ramp up its oil production from December, abandoning its earlier target ...

Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.

The drop in oil prices was halted on Friday after Israel‘s strikes against Hezbollah‘s headquarters in Lebanon, but prices of ...

Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...

Oil futures pick up some ground after the previous day’s selloff, while ending the week lower on concerns about flagging global demand and prospects of increased supply after a report that Saudi ...

Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased ...