International oil prices climbed above $100 per barrel on September 9 for the first time since July as escalating military confrontations involving Iran, the US, and Houthi forces intensified concerns over global ...
The collapse of the U.S.-Iran ceasefire could keep Brent crude near $100 per barrel through 2026, according to updated forecasts from Rapidan Energy Group, a Washington-based energy and geopolitical consultancy.
Global oil prices decreased as China implemented a lockdown in Shanghai, which is considered a major manufacturing and financial hub.
OPEC and non-OPEC ministerial meeting to discuss oil output has been canceled affecting Brent crude benchmark.
Egypt has doubled its oil hedges during the fiscal year (FY) 2020/21 as a precautionary measure against the possible increase of oil prices, Finance Minister Mohamed Maait told Bloomberg in an interview.
China’s state-run oil and gas company, Sinopec Corporation, has awarded a 10-year tender to buy 1 million tonnes of liquefied natural gas per year from Qatargas.
US oil trading collapsed on April 20 as the price on the May future contract for West Texas Intermediate (WTI) - that is due to expire on April 21 - fell by over 300%, recording an unprecedented $-37.63 per barrel ...
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced yesterday to cut oil production by 10 million barrels per day (mmbbl/d) effectively from May 1 through June 30, curbing global ...
The budget for fiscal year (FY) 2019/20 estimates oil prices at $68 per barrel, down from $70 of in FY 2018/19.
Oil prices fell on June 21 as producers prepared to discuss the lifting of production cuts at the biannual OPEC meeting on June 22 in Vienna.
