Crude oil prices remain stable as markets balance OPEC+ supply adjustments, weak global demand, and heightened geopolitical risks, while technical indicators suggest continued uncertainty in the ...

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BP reports better than expected profits as it refocuses on oil and gas

BP reported better than expected quarterly profits on Tuesday, as chief executive Murray Auchincloss presses ahead with a plan to refocus the company on its core oil and gas businesses.

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Oil Dips as Market Weighs OPEC+ Pause and Oversupply Concerns

Brent for January delivery traded near $65 a barrel, while West Texas Intermediate was just below $61. The Organization of the Petroleum Exporting Countries and its allies said at the weekend they ...

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Soft crude oil price outlook forecasted

Downside risks to global oil prices remain despite oil producing countries under the Organisation of the Petroleum Exporting Countries together with non-members commonly known as Opec+ deciding to ...

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Oil prices steady despite OPEC+ plans to pause output increases

Oil prices climbed in early Asian trade on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, easing rising fears of a supply glut.

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