The Organisation of Petroleum Exporting Countries (OPEC) has agreed to trim oil output by asking over-producing members Iraq and

Fuad Masum, Iraqi President said at a meeting Monday with OPEC Secretary-General Mohammad Barkindo that the country supports

Oil traded near the highest level in two years, since July 2015, after Saudi Arabia’s Crown Prince, Mohammed bin Salman, ousted

Those in the oil market fearing a flood of OPEC supply next year will probably be better off preparing for a shortage, according to

Global crude oil price is likely to remain above $50 per barrel in August from its strong rebound in July, gaining 8.22 percent,

The United Arab Emirates (UAE), Iraq, Kazakhstan and Malaysia Tuesday pledged full support for the existing monitoring mechanism to

Germany is a big target of spying and cyber attacks by foreign governments such as Turkey, Russia and China, a government report said

*Claims modest rise in commodity demand, prices as driver…  The World Bank has forecast that Nigeria’s economy would grow 2.5%