Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...

Due in part to Carter and Reagan’s policies, as well as European and Japanese gas taxes, the world became far less reliant on ...

At the time of writing, Brent was at $76.16 and WTI was at $73.39. Expectations of an oil glut have not changed, at least not yet, but it seems that these expectations are not the leading factor ...

READ: Trafigura, Gunvor Weigh Trump Wildcard Against Oil Glut in 2025 Algorithmic traders flipped to net-long on both WTI and Brent crude earlier in the month and have continued to extend those ...

Still, we can anticipate a few themes — and few bits of commodity trivia I will be watching through the new year: 1) The OPEC+ oil cartel is on the ropes. Having delayed a production increase by ...

Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the latest figures, which reportedly show the impact of Ukrainian drone ...

Our excessive dependence on foreign oil is a clear and present danger to our Nation's security," he said in his final State of the Union address in 1980. Oil imports fell drastically during his ...

The United States is also the largest consumer of oil, using about 20% of the world's supply, followed by China and India, which consume 15% and 5%, respectively. India stands out as the world's ...

It was a year that shattered a presidency. For Jimmy Carter, the 12 months that culminated in the 1980 general election were marked by economic turmoil, international humiliation and a political ...

(Bloomberg) -- Bullish oil bets reached a four-month high in the penultimate week of 2024 as investors position for a new year that will see Donald Trump’s return to the White House. Money ...

The Speaker of the House of Representatives, Hon. Abbas Tajudeen, on Monday emphasized the urgent need for Nigeria to diversify its oil-dependent economy, warning that further delays could ...