The US Energy Information Administration (EIA) announced today, Monday, that Iraq's oil exports to America exceeded 6 million barrels during the past...

Data by the Organisation of Petroleum Exporting Countries (OPEC) has shown that President Bola Tinubu may have misled Nigerians with his claims on...

  Oil prices settled higher on Friday, with Brent crude rising by 50 cents to $79.66 per barrel and U.S. West Texas Intermediate (WTI) crude climbing...

Oil prices rose on shrinking U.S. crude and gasoline inventories amid fears of Middle Eastern conflict, while the IEA adjusted future demand.

MOSCOW (Sputnik) - OPEC has kept its forecast for the oil production growth in 2024 outside the organization at 1.23 million barrels per day and...

The crisis in Nigeria’s oil and gas sector continues to rage, with Dangote Refinery reporting that it has not yet received the 26 million barrels of...

Global oil prices rose for five consecutive sessions on Monday (12/8), extending the increase of more than three percent in the previous week as US...

Oil prices fell due to high US inventories and easing Middle East tensions, impacting demand and supply.

Nigerian billionaire businessman, Tony Elumelu has said the Nigerian government and security operatives should tell Nigerians those who steal the...

  The Economist Intelligence Unit has issued a warning that further delays in crude oil feedstock to the Dangote Petroleum Refinery and...