Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, while the dollar's ...

This comes after the Organization of the Petroleum Exporting Countries on Tuesday again cut its global oil demand growth ...

underwhelming Chinese economic stimulus efforts, and OPEC's continued downward revisions of demand forecasts," said Mohamed ...

The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...

Rising crude oil imports will signal that the measures are working. This would be good news for tanker owners. OPEC extended ...

The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the ...

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...

Nigeria has cranked up its oil production to a respectable 1.8 million barrels per day, and now claims it could hit 2 million bpd of production by year's end ...

In its Monthly Oil Market Report (MOMR) released in November, OPEC clarified that its figures were based on secondary data ...

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

THE Organisation of Petroleum Exporting Countries, OPEC, yesterday, said Nigeria’s oil output, excluding condensate, was ...