Oil prices rose on Tuesday as investors absorbed the latest downward revision for demand growth by the Organisation of the Petroleum Exporting Countries (OPEC) and disappointment...
The decision of the Organisation of the Petroleum Exporting Countries and its allies, OPEC+ to delay plans to increase output for another month and the close...
The Organization of the Petroleum Exporting Countries (OPEC) has raised its projections for world oil demand in its latest World Oil Outlook published on Tuesday. The...
Nigeria’s crude oil production saw a modest increase in July 2024, according to the latest data released by the Organisation of the Petroleum Exporting Countries (OPEC)....
The newly operational Dangote Refinery is poised to make significant waves in Europe’s oil industry, according to the latest report from the Organization of Petroleum Exporting...
In a statement on Monday, Russian Deputy Prime Minister Alexander Novak expressed confidence that the global oil market will achieve balance in the second half of...
OPEC+ is calling on member nations to rectify their quota violations. This push comes as crude prices soar to near $87 a barrel in London, presenting...
Oil price surged past the $87 price level on Thursday on the back of production cuts by OPEC+ nations and escalating geopolitical tensions. Brent crude oil,...
In January 2024, Nigeria experienced a marginal decline in its crude oil production compared to the preceding month, according to the latest report released by the...
Amidst a backdrop of plummeting oil and gas prices, the efficiency gains of the U.S. oil and gas industry have emerged as a thorn in the...