OPEC producers, US oil companies are private and have shareholders to pay, and secondly, the producer’s breakeven prices for ...

The price of West Texas Intermediate (WTI) started the session on February 3, 2025, with a bullish momentum, opening with a gap above $74.70 per barrel. However, the session ...

West Texas Intermediate (WTI) crude Oil price continues to decline for the second consecutive day, trading near $71.50 per ...

Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, ...

Good afternoon and happy Monday, readers! In today’s Daily on Energy, we examine how President Donald Trump’s imposed tariffs ...

The benchmark diesel price used for most fuel surcharges was up a small amount as oil futures went on a wild ride.

In his second inaugural address, President Donald Trump declared a national energy emergency and reiterated his intention to increase domestic oil production.

Alexander Novak emphasized that full commitment to the OPEC+ deal should be maintained in the current situation ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

Energy markets are gearing up for a potentially tumultuous 2025 amid ongoing global conflicts, a change in the U.S.

Alexander Novak noted that OPEC+ ministers at the meeting had stressed the commitment and correctness of the alliance's efforts to balance the market and coordinate actions ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...