Oil prices climbed on Wednesday, maintaining their highest levels since June 23, lifted by attacks on shipping in the Red Sea ...

In oil markets, brent crude oil futures rose above $70.30 per barrel on Wednesday, touching more than two-week high as the risk of supply disruption emerged and a downward revision in U.S. production ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...

The agency cut its 2026 Brent price estimate to $58 a barrel from $59 previously. The EIA sees West Texas Intermediate crude, the U.S. benchmark, averaging $65 a barrel this year and $55 in 2026, ...

Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent ...

The Vice President of Dangote Industries Limited, Devakumar Edwin, says the refinery has long-term contracts, and will focus ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.