Saudi Arabia cut the price of its flagship crude grade to the lowest level in five years, amid persistent signs of a surplus in global oil markets.

State producer Saudi Aramco will reduce the price of its flagship Arab Light crude grade to a 60 cents premium to the ...

In a surprising turn of events, Australia’s goods trade surplus has widened to AUD 4.39 billion in October 2025, exceeding both market expectations and previous figures. This significant increase is a ...

Saudi Arabia has cut the price of its main crude grade to Asia to the lowest level in five years, as global oil markets continue to show signs of surplus.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) traded 1.01% lower at 785.5 yuan ...

January WTI crude oil (CLF26 ) today is up +0.61 (+1.03%), and January RBOB gasoline (RBF26 ) is up +0.0017 (+0.09%). Crude ...

RWE has approved its largest UK battery project in Pembroke, Wales, to support grid stability and net zero goals.

The African Energy Chamber (AEC) has challenged oil-producing nations in Sub-Saharan Africa to increase their production of ...

Still, signs of a surplus are proliferating in global oil markets. State producer Saudi Aramco will reduce the price of its ...

Opec Plus has opted for continuity at a time when the oil market is steadily losing altitude. The group’s decision to keep ...

Today, two-thirds of Africa’s gas comes from North Africa — led by Algeria, Egypt and Libya — where gas already dominates ...