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Legit.ng on MSNNigeria emerges country with the most oil production in AfricaOPEC’s latest report reveals a 6.8% drop in oil prices for April, steady global economic growth, and resilient Nigerian oil ...
Here is a look at what happened in oil markets in the week of May 19-23 and what the focus will be in the days to come.
A record number of Americans are expected to travel this Memorial Day weekend as people begin the unofficial summer season.
Crude oil prices are set to decline this week due to anticipated OPEC+ output increases, a stronger US dollar, and rising US oil inventories, alongside reactions to a new US budget bill impacting ...
Global crude oil prices are likely to trade with a downward bias in 2025, according to a recent report by ICICI Bank.
Oil prices continued to fall in Asian trading on Friday, heading for weekly losses as oversupply fears were reignited by reports that OPEC+ may boost production. Brent crude futures for July slipped 0 ...
Crude oil settled lower for a third straight day as the possibility of another large production increase by OPEC+ for ...
The oil curve is flattening, with forward prices below $61 for 2026 and scarcely higher for 2027. What BofA has called a slow-grind oil-price war is the direct result of U.S. growth production hitting ...
Gas prices are falling to a four-year low as Americans prepare for Memorial Day weekend. AAA estimated that there will be 45.1 million travelers, of which 39.4 million will drive.
U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...
Oil prices settled lower on Thursday as investors weighed a report that OPEC+ is discussing a production increase for July, ...
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