Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

Between its own self-interest and the Trump effect on international priorities, the country seems to be backing away from its ...

Donald Trump’s trade war scared the entire world and drove the price of oil to a record low level. A barrel promises to ...

Global oil industry bracing for impact as crude prices drop below $60 raising alarms over supply, investment and service ...

Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three ...

The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining; the UK has been a net importer of energy since 2005. Services, particularly banking ...

The White House is pushing oil prices toward US$50 a barrel, and perhaps even lower if you believe — difficult as it is — what US trade czar Peter Navarro said. As oil prices plunged 17 percent in a ...

United Arab Emirates and Iraq. Last September, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel for crude oil as it prepares to ...

Crude averaged about $83 a barrel between 2017 and 2021, according to data compiled by Bloomberg. “I can’t comment about where oil prices are ... could threaten the kingdom’s ability to ...

Engr. Gbenga Olu Komolafe, Commission Chief Executive, hereby declare the Total Oil and Condensate reserves of 37.28 billion barrels and Total Gas reserves of 210.54 trillion cubic feet as the ...

Crude oil inventories in the US rose by 0.515 million barrels in the week ended April 11, 2025, above market expectations of a 0.4 million build, data from the EIA Petroleum Status Report showed.