News

Oil prices climbed about 2% on Tuesday to a two-week high, as persistent geopolitical tensions between Russia and Ukraine and ...
U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.
Global oil prices rallied hard on Monday, lifting U.S. crude to the highest levels in two weeks, as investors shrugged off a ...
Oil climbed after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and ...
Russia, Oman, and Algeria all expressed reservations ahead of the OPEC+ meeting but ultimately aligned with the consensus to ...
Adding to the bullish tone, a broadly weaker US Dollar is helping to lift commodity prices across the board. A softer ...
In its 65 years of existence OPEC has navigated many crises, from Gulf wars and America’s shale boom to a pandemic-era oil ...
Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ ...
Permian Basin Royalty Trust remains a sell due to weak business performance, low yield, and a poor oil market outlook.
West Texas Intermediate (WTI) Oil price remains steady after registering more than 3.50% gains, trading around $62.50 during ...
Brent traded near US$65 a barrel after jumping 2.9 per cent on Monday. The blazes in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels a day of heavy crude production, more ...
Oil prices rose by more than one dollar per barrel on Monday, supported by the decision of the OPEC+ group to increase ...