News

The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC ...
Oil prices rose on Monday following reports about progress in the US-China trade talks over the weekend. The news that the world’s two largest crude users may be moving toward a resolution of their ...
Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid-19 pandemic and just the second time in the past decade.
Sterling weakened against the US dollar in early European trading on Monday, slipping 0.9% to $1.3177, as the greenback ...
Oil prices rose more than $2 in Asian trading on Monday after the U.S. and China said they would ease some of their tariff ...
The latest boost came as high-level trade talks between the US and China concluded on a positive note Sunday. US officials ...
Brent crude futures climb 27 cents, or 0.4%, to $64.18 a barrel at 0001 GMT. US WTI crude futures trade at $61.30 a barrel, ...
Nigeria's crude oil production climbed to a two-month high in April, signaling modest recovery efforts in Africa's largest ...
Crude oil prices rebound 4.7% as trade optimism and strong China demand improve sentiment. OPEC supply plans remain a ...
Falling oil prices help achieve a key pledge of Trump’s campaign — to lower inflation — and are generally good for the economy writ large and popular with voters. But now that the U.S. is the world’s ...
For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...