Thursday 19 backend.Sep

OPEC

Oil prices steady ahead of Fed rate hike, Brent Crude hits $73
2024/09/17

Oil prices steady ahead of Fed rate hike, Brent Crude hits $73

Oil prices have remained relatively steady as concerns about weakening demand forecasts offset the anticipated impact of an interest rate cut by the Federal Reserve....

Decreased demand drives oil prices lower
2024/09/04

Decreased demand drives oil prices lower

Oil prices fell slightly on Tuesday, having declined by nearly 5% the previous day. The potential resolution of Libya's political turmoil shifted attention back to...

Libya tops African oil producers
2024/08/11

Libya tops African oil producers

Libya topped African countries in oil production in 2023, with a daily output of 1.189 million barrels, according to OPEC data. Nigeria followed closely behind...