News

The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per ...
The International Energy Agency forecasts a larger oil market oversupply due to tepid demand growth and surging supply from ...
Based on increasing efficiency from US wells and accelerated production hikes from Opec+, the EIA believes Brent spot prices ...
Oil prices dipped on Tuesday as traders awaited an inventory report from the U.S. Energy Information Administration and began ...
Oil prices traded flat in early Asian hours as traders weighed slowing U.S. demand, rising inventories, and upcoming EIA data ...
"The price forecast is driven largely by more oil inventory builds following OPEC+ members' decision to accelerate the pace of production increases," the EIA said. It predicts global inventory builds ...
Oil prices fell in early Asian trading on Monday, extending declines of more than 4% last week on higher U.S. tariffs on its ...
July gas prices were down 2.2% from June, according to the Labor Department. Why prices could continue to slip in the months ...
Chevron expects to deliver an additional $12.5 billion in annual free cash flow starting next year. ConocoPhillips now ...
Colombia's state oil producer Ecopetrol on Tuesday posted a 46% slump in its net profit for the second quarter of 2025, ...
Dangote Petroleum Refinery has reduced its Premium Motor Spirit (PMS) or petrol price, for marketers and depot owners have also responded with changes.
Lower prices are expected to lead to lower prices as the pump for Americans, marking a win for President Donald Trump, who promised to slash energy costs.