Abu Dhabi index closed higher on Friday, supported by an increase in oil prices after the European Union introduced new ...

China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years ...

Saudi Arabia’s seaborne oil flows remain at elevated rates in the wake of a surge in production from the kingdom last month ...

Drilling activity snapped a 12-week losing streak, powered higher by a surge in natural gas activity. Oilfield services firm ...

The official foreign exchange window and the parallel market have finally converged to less than N2 as the naira depreciated ...

In collaboration with its allies, OPEC is set to boost oil production in response to anticipated robust demand.

Oil prices rose despite OPEC+ increasing output, exposing tighter-than-expected global crude and diesel markets.

Standard Chartered believes the market significantly overestimates OPEC's spare oil production capacity, suggesting a ...

OPEC+ demand forecasts support oil prices, but a record 19.1M-barrel U.S. crude build raises fresh oversupply concerns for ...

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

Imports of U.S. products to Indonesia are expected to surge following the zero percent export facility granted by the U.S. to ...

Dubai’s index went up 4.1% and Abu Dhabi’s rose 2% in their fourth week of gains, according to LSEG data. Markets remain ...