The production figure which was released in OPEC monthly oil market report showed that the increase was against 1.485mln bpd ...

In December 2024, Nigeria's crude oil production reached 1.5 million barrels per day (bpd), marking the first time it met its ...

Nigeria has achieved a significant milestone by meeting its Organisation of Petroleum Exporting Countries (OPEC), crude oil ...

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with ...

Nigeria's crude oil production has exceeded the 1.5mbpd oil production assigned to it by the Organisation of Petroleum ...

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...

Donald Trump has announced direct negotiations with Russia aimed at ending the war - much to the concern of Ukraine's President Volodymyr Zelensky.

The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

With the world pivoting towards cleaner energy sources and facing political uncertainties, 2025 can be a critical year for ...

I used to be an oil executive. Here’s how market forces, not politics, killed the oil boom—and why new pipelines won't save ...

Leaked documents from Russia's economy ministry and central bank reveal the three major risks facing the country as it struggles with the economic fallout from the war in Ukraine and Western sanctions ...