Nigeria’s crude oil production increased by 3.4% in August, reaching 1.352 million barrels per day (bpd), according to OPEC’s latest report. This...

Nigeria’s crude oil production increased by 3.4% in August, reaching 1.352 million barrels per day (bpd), according to OPEC’s latest report. This...

The price of benchmark crude West Texas Intermediate (WTI) fell for the second successive session, trading around $72.50 a barrel in Asian markets on...

OPEC oil output fell in August to its lowest since January, a Reuters survey found on Monday, as unrest that disrupted Libyan supply added to the...

OPEC oil output fell in August to its lowest since January, a Reuters survey found on Monday, as unrest that disrupted Libyan supply added to the...

By Emmanuella Anokam Abuja, Sept. 5, 2024 (NAN) – Sen. Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has announced that...

VIENNA, Austria – The Organization of the Petroleum Exporting Countries (OPEC) will launch the 18th edition of its World Oil Outlook (WOO) at ROG.e...

The FPSO Sepetiba, chartered by Petrobras, reached an output of 180 million oil barrels per day in the Mero field […]

LONDON: The International Energy Agency (IEA) has cut its 2024 oil demand growth forecast by 70,000 barrels per day (bpd), or about 7.2 per cent, to...

OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate for...