Saudi Arabia Deals a Blow to Russian Economy
A fall in oil prices following a decision by the OPEC+ to accelerate production has added economic pressure…
Crude Oil Tumbles Further as OPEC+ Hike Stokes Fears
By Aduragbemi Omiyale Africa’s richest man, Mr Aliko Dangote, has taken a significant step to reduce the annual…
Barclays lowers crude oil forecast
LONDON: Barclays has lowered its Brent oil price forecast by US$4 per barrel (bbl) to US$66/bbl for 2025…
Can crude oil become too cheap?
Oil is cheaper than it has been since early 2021, when the price of a barrel of crude…
Fall in oil prices could reach Estonian gas stations in coming days | News
Oil prices fell by more than three percent on Monday following the decision by the Organization of the…
Saudi Arabia’s New Oil Play – Embracing the Glut to Win the Long Game
By Irina Slav – May 05, 2025, 12:00 PM CDT Oil markets took another hit this weekend as…
Oil prices dip as OPEC+ agrees to increase supply in June
00:00 Speaker A Oil prices are falling after OPEC Plus agreed to increase production in June, the second…
Goldman Sachs Slashes Its Oil Price Forecast Yet Again
Goldman Sachs has slashed its oil price forecast for a third time in one month after OPEC+ decided…
Oil prices fall and world share prices are mixed in thin holiday trading
HONG KONG (AP) — Global shares were mixed in holiday-thinned trading Monday, while oil prices fell after the…
OPEC: India may benefit as oil faces fresh downside on weak global cues: Jonathan Barratt
“Look in my mind it is right at an area of very good support. Now, we do not…
StanChart Cuts 2025 Oil Price Forecast By $16/bbl Amid Trump’s Tariffs
Previously, we reported that commodity analysts at Standard Chartered were bullish on oil prices in the current year,…
OPEC+ agrees to boost output in June despite falling oil prices
Top oil producers, members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies…