Oil prices

Oil prices eased on Friday as lingering fears of a recession demand weighed on sentiment, putting the benchmarks on track for their third straight weekly losses. Brent crude futures were…

With the steady flow of light sweet crude from the United States to Europe and COVID lockdowns curbed demand in China, the world's biggest crude importer, Saudi Aramco and Nigeria have cut…

As many energy companies look to reinvent themselves by practising capital discipline, committing to climate change, and transforming business models; one of the "Big Four" accounting…

The United States and some European countries are considering heavily drawing down on their Strategic Petroleum Reserves (SPR) to bring down oil prices and temper inflation in their…

Since 2016, the oil cartel, the Organisation of Petroleum Exporting Countries (OPEC), and Non-OPEC allies including Russia have been in a pact that restrained production helping to boost…