Oil dips on oversupply concerns, heads for weekly loss
Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a ...
Global Witness3h
Fossil fuel lobbyists eclipse delegations from most climate-vulnerable nations at COP29 climate talks
As with last year’s COP28 climate talks in Dubai, significantly more fossil lobbyists have been granted access to COP29 than ...
caspiannews3h
President Aliyev Rejects ‘Petrostate’ Criticism at COP29, Highlights Azerbaijan’s Broader Economic Indicators
During the World Leaders Climate Action Summit, the central event of COP29 held under the UN Framework Convention on Climate ...
PEDEVCO Announces Q3 2024 Financial Results and Operations Update
The Company elected to participate in six non-operated wells in the D-J Basin with a working interest of approximately 28% in Q3 2024 with production impact anticipated in Q4 2024, and an additional ...
Oil settles higher, investors focus on fuel-stock draw
Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in US fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger dollar.
EIA raises US, global oil production forecasts
Both United States and global oil production are set to rise to slightly larger record highs this year than prior forecasts, ...
The Punch Newspapers5h
Nigeria’s petrol imports surged in October – OPEC
The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the ...
Marketplace5h
International Energy Agency predicts an oil surplus next year
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
Business Times5h
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...
Oil prices end higher to pare some of the week's losses
Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Crude Oil Prices7h
Nigeria’s Oil Recovery: A War Room, Some Luck, and a Dash of Ambition
Nigeria has cranked up its oil production to a respectable 1.8 million barrels per day, and now claims it could hit 2 million bpd of production by year's end ...