Brent crude

KEY POINTS Oil prices fell on Wednesday as fresh signs of oversupply rekindled market fears of a global glut, dragging Brent crude below $64 per barrel and pushing West Texas …

KEY POINTS Crude oil prices remained broadly unchanged on Monday even after OPEC+ announced plans to slow its production growth, with traders balancing concerns over a potential surplus against fresh …

KEY POINTS Oil prices extended their decline on Wednesday, clinging to five-month lows amid mounting anxiety over a renewed US-China trade spat and forecasts of an impending supply glut that …

KEY POINTS Global oil markets are under renewed pressure as Brent crude prices dropped more than 6% in October, slipping toward $62 a barrel and struggling to hold above the …

KEY POINTS Nigeria is leaning more heavily on its massive Dangote Refinery to buffer the economy from sliding oil prices and mounting supply in global markets, extending crude supply commitments …

KEY POINTS Oil prices slid on Friday, pressured by expectations of slowing consumption in the United States and a looming surge in supply from OPEC and its allies. Brent crude …

KEY POINTS After the U.S. Energy Information Administration (EIA) predicted that Brent crude could average below $60 a barrel in the fourth quarter, a level last observed during the pandemic’s …

KEY POINTS Far from the busy markets of London or New York, the flickering numbers on trading screens—Brent crude at $67.02 a barrel—tell a different story. That figure is more …

Angola’s Cabinda refinery is set to boost energy independence, reducing reliance on fuel imports with operations starting in April 2025

Oil prices rose nearly 2% on supply fears as escalating Middle East tensions, including possible Israeli retaliation against Iran, shook markets