President Donald Trump made light of a gift from the United Arab Emirates on Friday, when he was gifted a box from UAE officials containing a single drop of oil. “This is the highest quality oil there ...

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output again in June. OPEC+, a grouping led by Saudi Arabia and Russia, over the ...

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Oil prices are once again under pressure as supply concerns continue unabated, with a scarcity of bullish catalysts to counteract them. - 142 executive orders and 100 days into the second ...

Oil price drop is biting exporters disproportionately with Nigeria and other oil export dependent economies taking the heat. A steep drop in crude oil prices largely due to the U.S. President ...

Oil price drop seen hitting exporters disproportionately Angola faced a margin call after bond market rout Nigeria's carry trade stops being attractive on oil fall Gulf exporters likely to weather ...

Oil prices have crashed to their lowest point since 2021 due to the escalating US-China trade war. Analysts fear the trade war will lead to a global recession, significantly reducing oil demand ...

In a recent report by the American Petroleum Institute (API), the inventory levels of US crude oil, gasoline, and distillates stocks have shown a significant decrease. The report reveals an actual ...

Oil prices dropped Thursday amid worries about an escalating trade war from Trump's tariffs, as OPEC and its allies sped up plans to increase output and unwind supply cuts. Brent crude and West ...

Crude oil futures traded lower on Monday morning as the US and Russian delegations are set to meet on Monday to discuss a ceasefire plan aimed at ending the war between Russia and Ukraine.