West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.90 during the Asian trading hours on Monday.

Asian shares sank on Monday and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up ...

Gift Nifty was trading around 24,870 level, a discount of nearly 1 point from the Nifty futures’ previous close, indicating a ...

The super-sized output push drives prices below US$60 a barrel to punish quota cheats and reclaim global market share.

Falling oil prices, driven by Trump's policies and increased OPEC+ output, have reached pandemic-era lows, benefiting ...

Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...

The Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) tightening measures have constituted significant levers pulling inflation down. By retaining the benchmark interest rate at 27.5 ...

US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output ...

Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. They ...

Asharq Al Awsat The world’s largest group of oil producers, OPEC revealed Saturday another big increase of 411,000 barrels per day for July.Having spent years curbing production - more than 5 million ...

VIENNA: Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...