Oil prices remain volatile, influenced by geopolitical tensions in the Middle East and uncertainty surrounding OPEC+'s production cuts, but are still set for a weekly loss..

Read More »

Oil climbs more than $1 on reports of Iran preparing strike on Israel

Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses, after reports Iran was preparing a retaliatory strike on Israel from Iraq in the coming days.

Read More »

Crude Oil Price Forecast – Crude Oil Continues to See Support

The crude oil market has found itself a little bit sluggish in the early hours as the West Texas Intermediate Crude Oil Market sits just above the crucial $67.50 level. This is an area that’s ...

Read More »

Nigeria lost 7.68 million barrels of crude oil in 2023 – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has reported that approximately 7.68 million barrels of crude oil were either stolen ...

Read More »

Oil prices rise on benign US inflation, inventory draw,

Oil prices rose Thursday, extending gains from the prior session on the back of benign inflation as well as an unexpected draw in U.S. gasoline inventories, which helped spur some confidence in future ...

Read More »