OPEC+ Latest Hike Casts Shadow over Glut Narrative
Last Sunday, OPEC+ agreed to add 137,000 bpd to its collective oil output. This was the seventh monthly…
Are the Bears Wrong About the Looming Glut in Oil?
The oil market is oversupplied while demand growth is slowing down—this has become the dominant assumption among oil…
Oil Prices Are Likely To Rise Anytime Soon
Rising supply from both OPEC+ and non-OPEC+ producers, slowing demand growth after the peak summer consumption, and uncertainties…
Indian Refiners Increase Russian Crude Purchases Despite Tariffs
India’s refiners are expected to import more Russian crude oil in September compared to this month’s levels as…
WTI Crude Oil Rises to $77.85: Supply Outlook Supports Prices | Market Update – News and Statistics
Aug 27, 2025 Crude oil futures advanced on the New York Mercantile Exchange Wednesday, with West Texas Intermediate…
Pemex to Overhaul Major Crude Unit at Texas Refinery in October, Sources Say
8/16/2025 (Reuters) — Pemex, Mexico’s national oil company, is preparing for the “big block” overhaul at its 312,500-barrel-per-day…
Energy Stocks to Watch if Oil Prices Goes Ballistic
Source: Getty Images Written by Christopher Liew, CFA at The Motley Fool Canada TSX’s energy sector started strong…
Oil Traders Race Against Time to Solve Global Diesel Crunch
(Bloomberg) — The oil market is pulling all the levers it can to ease a global diesel crunch,…
Brent Crude Jumps Above $72 Per Barrel on Trade Optimism
By Dipo Olowookere Investors were swayed to sustain their appetite for the equity market on Tuesday as a…
Crude Oil Prices Rise on Supply Concerns, US Inventories Drop
By Adedapo Adesanya The Lagos Chamber of Commerce and Industry (LCCI) has suggested a tweak to Nigeria’s foreign…
Crude Oil Rises $1 on Middle East Supply Risks
By Modupe Gbadeyanka Stakeholders in the aquaculture subsector in Nigeria have been promised adequate support through favourable policies…
Oil Market’s Focus Shifts to Demand as Trump Reignites Trade War
(Bloomberg) — While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his…