Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...

The International Energy Agency (IEA) has left its forecast for the increase in global Oil demand virtually unchanged. It ...

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...

Azerbaijan’s crude oil production held steady in April 2025, according to OPEC’s latest figures. While output remained flat ...

LAGOS – Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported that Nigeria’s crude oil production rose to 1.48 million barrels per day (bpd) in April 2025, marking a modest increase ...

The first notable act of our newly-minted culture minister, Steven Guilbeault, was to recite to media scribes the myth of ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has been challenged to increase crude oil production with a target ...

Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.

Crude oil falls as API data shows a 4.3M barrel build; traders await EIA report for fresh insight into U.S. inventories and ...

Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts.

Oil prices are rising, even as production ramps up. Gold, on the other hand, is cooling off - not because of collapsing fundamentals, but thanks to a surprising wave of optimism. It’s the kind of ...