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Why oil prices are 'surprisingly stable' despite OPEC+ August output hike and coming end to tariff reprieve
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000](
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Petroleum futures were trading higher ahead of midday Tuesday, led by gains in refined product contracts. Gasoline futures were up by about 1.4% at about 11:15 a.m. ET. The NYMEX August RBOB contract ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
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Dangote to crash fuel price as cost of crude oil finally dipsPetroleum marketers warn that declining crude oil prices may lead to a petrol price drop, with a new pricing structure ...
Nigeria’s crude oil production is set to receive a modest boost as indigenous oil firm Petralon Energy prepares to add 2,500 barrels ...
U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.
Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...
Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...
U.S. crude oil inventories posted a fifth straight weekly decline, falling by 5.8 million barrels, compared to expectations ...
The Executive Director of the Centre for Environmental Management and Sustainable Energy (CEMSE), Ben Nsiah, has raised ...
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