Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

The sluggish demand clashes with a surge of production from Opec. The IEA said Opec’s push to boost global oil supply would ...

NIGERIA seems to be turning its oil industry around. July witnessed improvements as oil production inched beyond 1.8 million ...

The International Energy Agency (IEA) has further trimmed its forecast for crude oil demand this year, citing softer global ...

World oil supply is projected to increase more rapidly than expected this year and next as the Organization of the Petroleum ...

OPEC report showed that Nigeria retained its position as the largest oil producer in Africa, surpassing Algeria, which ...

Nigeria's oil production exceeded 1.5 mbpd in July, surpassing its OPEC quota for the second consecutive month, solidifying ...

Oil prices edged lower on Wednesday after the IEA noted supply overtaking demand this year, while investors awaited Friday's ...

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures ...

LONDON: The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday raised its global oil demand forecast for ...

Oil prices erased losses on Wednesday after U.S. Treasury Secretary Scott Bessent said sanctions against Russia or secondary ...