News

Big Oil stocks were retreating on Monday after Shell warned that profits from trading gas and chemicals would be lower than expected in the second quarter.The trading slump may be confined to Shell, ...
Dow futures fall as President Donald Trumps tariff deadline approaches, raising fresh concerns on Wall Street. With the ...
Crude oil prices (CL.1) fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in ...
Motorists are in for slight relief at the pump starting Tuesday, July 8, as oil firms roll back fuel prices for a second ...
Crude prices slipped after OPEC+ surprised markets with a significant production increase for August, fueling concerns about oversupply as global demand faces fresh headwinds from US trade policy.
Many filling stations have dropped petrol prices below N900 per litre days after the Dangote Petroleum Refinery slashed the ...
Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market ...
Edible oil and sugar consumption in India drops due to various factors, including government campaign and shifting ...
On Saturday, OPEC+ agreed to raise production by 548,000 barrels per day in August—the third monthly hike in a row and part ...
PALMOILMAGAZINE, JAKARTA — The Indonesian Ministry of Trade has set the Reference Price (Harga Referensi/HR) for crude palm ...
The eight OPEC+ countries comprise Saudi Arabia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, Oman, and Russia. The group had ...
Motorists and transporters are now hoping that further reductions will follow if global crude oil prices continue to fall in ...