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Oil prices slipped in early Asian trading on Wednesday, retreating from a two-week high after U.S. inventory data revealed an ...
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OPEC Oil Surge Threatens EV Adoption
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on OPEC+’s decision to boost oil production by 548,000 barrels a day starting in August. He highlights how this increase, covered by ...
Venezuela is spiraling once more into an inflationary storm as new data warns that price increases could skyrocket to 530% in ...
Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
Fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shown that the Gbenga Komolafe-led ...
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The recent surge in the prices of coconut and coconut oil is now being felt directly in households and commercial kitchens ...
Iran 's sudden but hardly unexpected about face in refusing to cooperate with the United Nations nuclear watchdog caused oil prices on Wednesday to leap forward by 3 percent, as analysts realized ...
Texas oil and gas companies produced as much as 5.6 million barrels a day in 2023, the highest that year, according to the agency, which collects and administers energy statistics.
This unexpected surge in crude inventories suggests a weaker demand for oil, a situation that is bearish for crude prices. The API’s inventory levels of US crude oil, gasoline, and distillates stocks ...