China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
Nigeria’s oil imports from the US surge to 42m barrels
Nigeria sharply increased its crude oil purchases from the United States in 2025, importing a total of 42.13…
Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration…
Trump declares US national emergency to protect Venezuela oil money
US President Donald Trump has signed an executive order protecting US-held money derived from sales of Venezuelan oil,…
Venezuelan oil industry: world’s largest reserves, decaying infrastructure
Jan 3 (Reuters) – Following are key facts about the oil industry of Venezuela, whose President Nicolas Maduro…
U.S. crude oil stable after trading resumes
Brent crude oil futures were little changed on Friday as investors eyed the progress of the Russia-Ukraine peace…
Supply and Demand Fears Continue to Drag Oil Prices Lower
Oil prices slipped in early Asian trade on Monday, as a combination of burgeoning supply concerns and escalating…
Oil Slumps To Five-Month Low On Market Fears Of Impending Oversupply
A floating production storage and offloading or “FPSO” vessel around 250km off the coast of Angola in the…
Oil Sees Steepest Weekly Slump In Over 3 Months Ahead Of OPEC+ Meeting
Oil worker in the Nihran Bin Omar field north of Basra, Iraq. (Photo: Nabil al-Jurani) Copyright 2017 The…
UBS Sees Brent Oil Prices Staying in the High $60s in Tight Market
Brent Crude oil prices are set to stay in the near term at the upper end of the…
Oil Sinks as Slew of Weak US Economic Data Revives Demand Fears
(Bloomberg) — Oil sank as the outlook for the world’s largest economy darkened after a barrage of poor…
What to Watch in Oil Markets This Week
Oil prices moved higher in early Asian trade on Monday after the U.S. and EU reached a tariff…