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

"There is more oil available. What we need is stability and predictability so that in the period ahead countries can base ...

According to producer group OPEC’s latest report, oil production at Africa’s top crude exporter was estimated at 1.3 million bpd in October. Nigeria often counts condensate production of around ...

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

While the November data from OPEC and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is yet to be released, ...

Gasoline and diesel prices both fell slightly Thursday afternoon after OPEC cuts global fuel demand growth forecast for 2024 ...

The United States is expected to increase domestic production of crude oil under the upcoming presidency of Donald Trump, ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the ...

The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.

Crude has alternated between weekly gains and losses since mid-October, with traders weighing OPEC supply moves, US monetary policy, and the risks to oil-demand growth, especially in China. There’s ...

The IEA’s estimate is still a mile away from OPEC’s. Despite cutting its estimate of global oil demand growth for the fourth ...