How China’s green tech is undercutting Trump’s ‘drill, baby, drill’ oil strategy in Africa
In the US, the push is on to “drill, baby, drill”. In China, the national strategy is to…
Oil Prices Plunge 5% as Trump Halts Iran Strike Plans
Oil prices fell sharply in early Asian trade on Monday after President Trump called off another round of…
The Next Oil Price Spike Could Come Sooner Than Traders Think
Oil prices have dropped back to pre-war levels since the United States and Iran agreed to negotiate a…
Rebounds for AI stocks lift US indexes
NEW YORK (AP) — A rebound for AI stocks is sending indexes higher on Wall Street Monday. The…
OPEC+ countries agree to increase oil production in August
NEW YORK (AP) — A handful of countries in the OPEC+ oil-producing alliance plan to increase their outputs…
State of Global Oil Inventories Ruins Iran Peace Optimism
As oil benchmarks crash and Brent slips below $80 per barrel, a growing number of analysts are sounding…
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
The decision was shocking. But the announcement April 28 that the UAE was leaving OPEC caps years of…
US-Iran War: NNPC Hikes Nigerian Oil Prices by $7/Barrel
The Nigerian National Petroleum Company Limited has raised the official selling prices of all 37 Nigerian crude grades…
UAE leaves OPEC and OPEC+ | OPEC News
DEVELOPING STORYDEVELOPING STORY, Published On 28 Apr 202628 Apr 2026 The United Arab Emirates said on Tuesday it…
Is the U.S. headed for a repeat of the 1973 oil crisis?
The current situation in the Middle East — a major war involving the U.S., Israel, and Israel’s enemies,…