The downside of the Oil prices could be restrained as on Thursday, the US Treasury and State departments announced separate sanctions against a network that smuggles Iranian oil disguised as Iraqi Oil ...

Wall Street stock indices finished at fresh records yesterday following solid US jobs data as President Donald Trump’s ...

The first half of the year saw significant oil price volatility influenced by U.S. trade policies, OPEC+ production decisions ...

(Reuters) -Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to ...

A roundly solid week for the stock market left the Nasdaq and S&P 500 at new highs, and the Dow sitting just a half percent ...

Stock markets rose and the dollar held steady Thursday as strong jobs data showed the resilience of the US economy.

Stock markets and the dollar largely steadied Thursday before key US jobs data and as investors kept a close eye on President ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

The physical volume of oil exports by OPEC countries in 2024 decreased by 3.55% to 19.01 mln barrels per day. OPEC's share of global oil deliveries was 43.96% last year, which is slightly lower than ...

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Saudi Arabia, OPEC’s top oil producer, earned $179 billion in 2024, making up about a third of the group’s total revenue..

According to data from oil service provider Baker Hughes, the number of active oil rigs in the US fell by a further six last ...