Brent crude oil prices are projected to average $73/bbl in 2025, down $7/bbl from 2024, according to Wood Mackenzie’s latest monthly oil market outlook.

Russia produced about 9.2 million barrels per day (bpd) of crude in 2024, down from a recent high of 9.8 million bpd in 2022 ...

Siemens said it will cut more than 6,000 jobs in its automation and electric-vehicle charging businesses as part of its plans to boost competitiveness.

0904 ET - Volatility surrounding trade wars, the health of the U.S. consumer, and geopolitical strife is pushing gold prices further past the $3,000/oz mark, with some analysts calling for gold prices ...

Oil prices have gained support from Trump's vow to continue the US assault on Yemen's Houthis unless they end their attacks on ships in the Red Sea ...

WTI crude oil (CLJ25) today is up +0.06 (+0.09%), and April RBOB gasoline (RBJ25) is up +0.011 (+0.05%). Crude oil and gasoline prices today climbed to 2-week highs and are slightly higher. Ramped up ...

Kazakhstan's Minister of Energy will resign from his position, as announced by the country's presidential office on Tuesday.

Russia's oil production is expected to be slightly lower in 2024 compared to 2023, as the country adjusts for previous overproduction according to OPEC+ agreements, while oil processing levels are ...

Production of more than 450, 000 barrels of crude oil is at risk following an explosion reported today at the Trans-Niger Pipeline (TNP) in Rivers State. The pipeline is considered one of Nigeria’s ...

Kazakhstan's energy minister will stand down from his role, the country's presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower ...

There are growing concerns over the ability of the federal government to fully implement Nigeria's almost N55 trillion budget for 2025 as the deficit in the country's crude oil production benchmark of ...