Based on increasing efficiency from US wells and accelerated production hikes from Opec+, the EIA believes Brent spot prices ...

"The price forecast is driven largely by more oil inventory builds following OPEC+ members' decision to accelerate the pace of production increases," the EIA said. It predicts global inventory builds ...

Brent crude prices are on track for a sharp decline in the coming months, with the U.S. Energy Information Administration (EIA) now forecasting prices to fall from $71 per barrel in July to an average ...

Cenovus Energy Inc. is in discussions with a coalition of Indigenous groups in Canada to jointly acquire MEG Energy Corp., an ...

The Energy Information Administration forecast that oil prices will dip below $60 per barrel this year, putting the Trump administration’s “Drill, Baby, Drill” goals further out of reach. In its ...

Nigerian homes are facing a rise in the price of liquefied natural gas (LPG), also known as cooking gas, as major dealers and ...

MOSCOW, August 12. /TASS/. Russia’s stock market closed in the green on Tuesday as the ruble-denominated MOEX Index added 0.44% to 2,977.18 points, while the dollar-denominated RTS Index gained 0.18% ...

Donald Trump's 50% tariff threat on India-aimed at forcing New Delhi to ditch Russian oil-has jolted a relationship ...