Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.

This column was originally published on April 15, 1955.

By: Sir Henry Olujimi Boyo (Les Leba) first published in January 2019 Intro: Last week this column republished ... especially, if crude oil price remains above $60/barrel, or indeed if Naira ...

Crude oil stocks, not including the SPR, stood at 442.9 million barrels on April 11, the EIA's latest weekly petroleum status report showed. Image by yamonstro via iStock U.S. commercial crude oil ...

Crude oil futures traded lower on Monday morning following progress in talks between Iran and the US on nuclear deal. This move helped ease concerns over a possible crude oil supply constraint.

Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to curb Iranian oil exports, which ...

The culprit has been the concern that tariffs will slow the global economy, driving down demand for crude oil ... it acquired Marathon Oil. That deal topped off its tank by adding more than ...

However, it is obvious that we have a lot of support below. The crude oil market has shown itself to be somewhat bullish over the last couple of weeks in the sense that we are stabilizing.

U.S. crude oil inventories rose for a third consecutive week and gasoline and distillate stockpiles fell as refineries lowered their capacity use, data released Wednesday by the U.S. Energy ...

The light sweet crude oil market initially tried to rally during the trading session on Tuesday but has turned right back around. I really think at this point in time, we are probably more or less ...

Crude oil futures traded lower on Wednesday morning after the International Energy Agency (IEA) downgraded its oil demand forecast for 2025 and 2026. Although China’s economy showed signs of ...