Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care of oil prices before the U.S. election in November. “You gotta bring down ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...

We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...

West Texas Intermediate (WTI) Oil price holds modest gains after three consecutive days of losses, trading around $71.10 per ...

The experts stressed the need for Kuwait and other Gulf nations to diversify their income sources, and attract foreign investments ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...

Standard Chartered has argued that Trump is unlikely to get his wish to force OPEC to cut the oil price, nting that ..

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...

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

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...