News

OPEC+ jolted markets by announcing it would flood the market with more oil.
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...
Stock markets slipped in Asia on Monday amid confusion as U.S. officials flagged a delay on tariffs but failed to provide ...
China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already ...
Another tussle for oil market share at low prices beckons, after OPEC+ producers announced a higher than expected crude ...
Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...
Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Schlumberger will benefit from lower rates and increased demand for oil, which will help its drilling and digital services.
The oil company Prax Group, which collapsed into insolvency last weekend, owes the UK government as much as £250mn in unpaid ...