Iran’s oil exports have surged beyond initial budget projections to over 1.4 million barrels per day, according to a statement by Davoud Manzour, the head of...
The Tanita Security Services, a private security company owned by ex-Niger Delta agitator Government Ekpemupolo, popularly known as Tompolo has discovered a suspicious vessel loaded with...
Brent Crude Stalls Near $82.72 as Traders Await US Fed's Interest Rate Clue
Signs of tighter supplies and Chinese economic support buoy oil prices, while Western data adds to uncertainty
Production Cuts Aim to Boost Prices, but Global Uncertainty Impedes Crude Oil's Recove
In a startling turn of events, Brent crude oil finds itself on a tumultuous path, heading towards its most significant quarterly losses in over three decades....
Emerging Markets to Offset Recession Risk, but Malaysian State Oil Firm Reports Slowdown in Demand and Growing Refinery Capacity Pressures Market
Over the past three decades, Angola has established itself as the premier destination for large-scale oil and gas investment.
Nigeria, Africa's largest crude oil producer, generated N5.14 trillion in revenue from crude oil in the first quarter (Q1) of 2023.
Oil prices declined by 2% on Wednesday as weak Chinese data and a stronger United States dollar dragged on commodity prices.