Timilehin Adejumobi
The report highlights that the new weights of each industry group are Mining at 82.46 percent, Manufacturing...
Crude Oil
The G7 will enhance efforts to counter evasion of the caps "while avoiding spillover effects and maintaining...
Investors have dumped short-term U.S. Treasuries that mature around the "X date" - the point beyond which...
Oil companies are riding that wave of relatively higher oil and gas prices with earnings benefiting from...
Feyisayo Ajayi
Indian government has adopted a new natural gas pricing formula that includes a price cap on compressed...
Oil prices extended gains after the Organization of Petroleum Exporting Countries and its allies said on Sunday...
Crude oil was heading for its biggest weekly loss in five weeks on worries about the prospect of steep...
Contracts linked to crude oil and metals also rose in choppy trading, supporting the commodity-heavy TSX's futures.
Operations at Turkey's oil terminal in Ceyhan halted after a major earthquake hit the region. The facility...
This rise is attributed mainly to the surge in oil activities at the end of September 2022...
Crude oil, though, continued to firm after bouncing off last week's nearly one-year low, with OPEC and...
The two countries on Friday affirmed they will continue to “firmly support each other’s core interests,” sovereignty...
Brent crude futures rose 5 cents, or 0.06%, to $87.02 per barrel by 0115 GMT while U.S....
The murkier environment comes at a fraught time for the market. On Dec. 5, a European Union...
Russia collected an estimated 21 billion euros ($21.7 billion) in fossil fuel exports last month, a seven...
As a result, the impact on the crude oil market may be modest," he warned. Beijing released...
News OTG Editorials
Oil rallied for the fifth day in a row even as the dollar moved higher after data...
Natural gas prices surged more than 17% in the EU and UK due to supply shortages from...
The global economic outlook is becoming increasingly cloudy, negatively weighing on the outlook demand for commodities, with...
Ongoing supply disruptions caused by the war in Ukraine and an unrest in Libya, as well as...
The project aims to receive crude from Ain Sokhna terminal on the red sea and pump it...
Russia doesn’t have extra oil for new deals with two Indian buyers: Reuters, citing sources
2 min read
This indicates that Russia has managed to keep exporting its oil despite increasing pressure from Western sanctions...
Analysts warned that Intel could pre-announce weaker-than-expected earnings for the second quarter.
UAE energy minister Suhail al-Mazrouei made this statement, noting that the group was currently 2.6 million barrels...
WTI crude futures ended a volatile session 0.8 percent higher at $119.41 per barrel on Tuesday, remaining...
WTI crude futures steadied around $119 per barrel after Saudi Arabia sharply raised prices for its crude...
The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade,...
The group has been slowly returning the nearly 10 million barrels per day it agreed to pull...
Oil prices fell around 1.5 percent on Thursday, ahead of the OPEC+ meeting later in the day.
This comes at a time when non-OPEC leader Russia, faces a barrage of Western sanctions and a...
Roughly 36 percent of the EU’s oil imports come from Russia, a country that plays an outsized...
