China may import less crude oil from Saudi Arabia on a month-on-month basis in February after the Kingdom hikes prices for ...

Saudi Arabia's oil exports to China are expected to decrease in February due to a price increase by Aramco, impacting the ...

Kuwait Financial Centre “Markaz” released its Monthly Market Review report for December 2024. Kuwait equities, which declined ...

KUALA LUMPUR: Malaysian palm oil futures settled lower on Wednesday, weighed down by export demand concerns and uncertainty over Indonesia’s biodiesel mandate.

Standard Chartered: the slowdown in U.S. oil production growth is set to continue in 2025 and 2026. Standard Chartered: the U ...

Oil prices fell on Thursday, extending losses from the previous day, pressured by large builds in U.S. fuel inventories last ...

The EIA reported that gasoline stocks rose last week by 6.3 million barrels last week to 237.7 million barrels, compared with expectations for a 1.5 million barrel build; and distillate stockpiles ...

U.S. oil production was down by 10,000 barrels at 13.56 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub fell by 2.5 million ...

Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in U.S. fuel inventories last week pressured prices, reversing earlier gains from the ...

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell Plc, recently announced a $5 billion Final Investment Decision (FID) on Bonga North, a deep-water project off ...

Tanzania's inflation rates remained stable throughout 2024, well below the target of 5 percent in Tanzania mainland and approaching the same target in Zanzibar, a senior official said on Wednesday.

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while U.S. crude oil stocks fell last week, ...