OPEC kept its outlook for the oil market unchanged as the group and its allies continue to add barrels to the global market.

OPEC kept its outlook for the oil market unchanged as the group and its allies continue to add barrels to the global market.

Oil prices steadied on Tuesday on easing concerns about an oversupplied market and the trade dispute between the U.S. and China, the world’s top...

US sanctions on Russia's top oil companies, Lukoil and Rosneft, triggered a sharp rise in oil prices. This, coupled with robust US energy demand and...

OPEC+ has announced a modest increase in oil production, leading to a global price drop of over 3%. This move is expected to bring tangible financial...

Heineken Lokpobiri says Nigeria will request OPEC to raise its oil quota from 1.5 to 2 million barrels daily

By Kizito CUDJOE Ghana’s crude oil production plunged nearly 26 percent in the first half of 2025, deepening fears of a sustained downturn in the...

*Remits N10.073trn to federation account from January to August WorldStage– The Nigerian National Petroleum Company Limited (NNPC Ltd.) has recorded...

LONDON, Oct 13 (Reuters) – World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC...