HOUSTON (Reuters) -Oil prices settled lower on Tuesday as investors braced for a supply surplus due to potential OPEC+ plans for a larger output hike next month and the resumption of oil exports from ...

Major Wall Street banks have kept their oil-price forecasts for the year largely stable as investors weigh concerns about an impending supply glut against risks of disruption to Russian supplies.A ...

The Nigerian government has reconvened the reconciliation meeting between Dangote refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to resolve their ongoing ...

OPEC+ supply hike chatter and Iraq’s Kirkuk-Ceyhan restart sparked the steepest daily oil price drop in nearly two months ...

Imperial Oil plans to reduce its workforce by 20% by the end of 2027. The job cuts, along with broader restructuring efforts, are expected to save $150 million a year by 2028, the Canadian oil company ...

0732 GMT - Gold prices extend their rally, hitting a record high Tuesday as the U.S. approaches a government shutdown. In early trading, futures rise 0.7% to $3,883.70 a troy ounce, after reaching ...

Commodities including gold, oil, and copper experienced price declines on Tuesday amidst profit-taking, increased supply, and production growth slowdowns.

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Russia remained the largest supplier of crude oil to India in September with a 33.3% share, despite the mounting US pressure on New Delhi to stop its purchases of barrels from the sanction-hit country ...

Concern over an imminent government shutdown has crude oil futures down 2% early. Peter Cardillo of Spartan Capital Securities says in a note that the market will be pressured as "the probability of a ...

The Nigeria Labour Congress has directed its affiliate unions to begin urgent mobilisation and prepare for a nationwide industrial action against the ...