If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care of oil prices before the U.S. election in November. “You gotta bring down ...
There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...
AUD/USD extends its consolidative price move and remains below the 0.6300 mark on Friday amid mixed cues. Bets that the RBA ...
West Texas Intermediate (WTI) Oil price holds modest gains after three consecutive days of losses, trading around $71.10 per ...
Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...
The experts stressed the need for Kuwait and other Gulf nations to diversify their income sources, and attract foreign investments ...
The government significantly subsidizes fuel as part of its broader social welfare initiatives, ensuring artificially low ...
Dominican Republic detained aircraft last year after US authorities said it had violated US sanctions against Venezuela.
West Texas Intermediate was steady near $71 a barrel, and is down almost 3% this week, while Brent crude closed above $74.
US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China's retaliatory tariffs on the United States.