The International Energy Agency forecast global oil supply will exceed demand in 2025 even if cuts remain in place from OPEC+ ...

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 ...

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 ...

Oil prices slipped in early trade on Thursday, reversing most of the previous session's gains on a stronger dollar and ...

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

Nigeria's state oil firm NNPC said on Thursday it had increased oil production to 1.8 million barrels per day (bpd), with 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 ...

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

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