PETALING JAYA: The oil and gas sector is currently in a state of equilibrium, according to MBSB Research. The research house ...

September WTI crude oil (CLU25 ) on Tuesday closed down -0.79 (-1.24%), and September RBOB gasoline (RBU25 ) closed down -0.0022 (-0.11%). Crude oil prices on Tuesday fell on the possibility of ...

The Federal Government has officially nominated Dr. Taoheed Elias as the country's candidate for election to the ...

A Chevron-chartered tanker docked at Venezuelan state company PDVSA's Jose terminal on Tuesday, positioning it to be the ...

OPEC now expects the global oil market to be tighter in 2026 than previously forecast, projecting stronger demand growth and slower rival supply expansion, Bloomberg writes.  The cartel raised its ...

Oil futures settled lower in light trading with the market’s main focus this week on Friday’s meeting between Presidents Trump and Putin.

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.50 ...

Brent crude prices are on track for a sharp decline in the coming months, with the U.S. Energy Information Administration (EIA) now forecasting prices to fall from $71 per barrel in July to an average ...

Opec forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...

The Vienna-based cartel now expects global oil demand to grow by 1.38 million barrels a day in 2026, up from 1.28 million previously, driven by stronger economic activity across key regions. This year ...

The company pre-announced second-quarter results, which were ahead of consensus, and also released new 2026 and 2027 Ebitda guidance. This was overshadowed by its 60 billion Danish kroner rights issue ...