By Wendell Roelf CAPE TOWN, August 14 (Reuters) -Optimistic over Angola’s untapped gas potential, Azule Energy is considering ...

IEA: Global supply is set to surge while demand growth stays weak, with inventories potentially building at nearly 3 million ...

Global appetite for oil is set to keep climbing over the next two years, according to OPEC’s August oil market report, which ...

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected ...

Oil prices fell to over two-month lows on Wednesday after bearish supply guidance from the U.S. government and the ...

Bank of America expects Brent crude prices will drop below $60/bbl in this year's H2, as rising production by OPEC+ will increase the crude oil market surplus.

A global shift in oil market dynamics is raising alarm across the U.S. shale sector, as the Organization of the Petroleum ...

BofA said, however, Brent oil price could rebound above $70/bbl by the summer of 2026 due to a combination of easier global monetary policy, a weaker dollar, more disciplined OPEC+ production and ...

ASTANA – Kazakhstan produced an average of 1.827 million barrels of oil per day in July, down 36,000 barrels from June, ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.20 during the early Asian trading hours on Friday. The WTI edges higher as traders remain cautious ahead of a crucial ...

Oil futures rebounded from two days of selling driven by bearish supply-demand outlooks from the EIA and the IEA, settling higher ahead of Friday's closely watched U.S.-Russia summit. U.S. natural gas ...

Traders anticipate potential easing of US sanctions on Russian energy, which could boost supply amid concerns over slowing ...