Oil prices fell about 1% on Wednesday as U.S. fuel inventory builds reinforced views in the market of shrinking demand as the wider economic impact from U.S. tariffs could curb consumption. Brent ...

Oil prices fell by about 1% on Wednesday as signs of stronger Chinese crude consumption were outweighed by investor caution about the wider economic impact from U.S. tariffs. Prices have seesawed in a ...

UAE PMI remains in expansion territory at 53.5 while Dubai real estate transactions soar 38 per cent in value and tourism exceeds pre-COVID levels ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Supply is set to rise three times faster than demand ...

Analysts at Optimum Global have projected that the naira will trade between N1,500 and N1,600 in the second half of ...

MOSCOW, July 16. /TASS/. Trump’s new framework of arms supplies to Ukraine, the potential fallout of new tariffs against Russia’s trade partners, and OPEC signals openness to new members. These ...

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...

OPEC says oil prices rebounded strongly in June following months of pressure from seasonal demand lulls and growing refinery ...

The Dow fell 436 points. Nvidia rallied on easing export restrictions. New data reflect that the president's tariff and immigration policies are boosting inflation and weighing on jobs ...

The data also showed that China's crude oil throughput in June jumped 8.5% from a year earlier, indicating stronger fuel ...

But the agency set aside Pioneer Natural Resources founder Scott Sheffield's request on technical grounds, saying he made the ...

OPEC is holding its global oil-demand forecast steady despite rising trade tensions, expecting demand to grow by 1.29 million barrels per day this year, The Wall Street Journal writes.  In its latest ...