Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said ...

The Federal Government is considering adding a fresh liability of $2.2 billion to the existing debt overhang as part of its plans to fund ...

Brent settled up 28 cents at $72.56 per barrel, while West Texas settled up 27 cents at $68.70; Brent and WTI were on track to lose about 1.7 percent and over 2 percent for the week, respectively.

The Company elected to participate in six non-operated wells in the D-J Basin with a working interest of approximately 28% in Q3 2024 with production impact anticipated in Q4 2024, and an additional ...

The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the ...

HOUSTON, TX / ACCESSWIRE / November 14, 2024 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth en ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

The recent string of oil price hikes may be coming to an end, with industry analysts projecting a slight dip in prices next ...

The slowing of oil demand growth in recent years reflects the end of the post-pandemic release of pent-up demand, the IEA ...

The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.

GMT - Oil prices edge lower in early European trade, pressured by a stronger U.S. dollar and a gloomy demand outlook. Brent crude and WTI are both down 0.4% at $72.02 and $68.14 a barrel, respectively ...

Norway’s $36bn domestic wealth fund has been opportunistic in buying up shares in John Fredriksen’s Frontline and Andreas ...