The stocks of oil majors Chevron (CVX), Exxon Mobil (XOM), and Occidental Petroleum (OXY) are up about 1% each after the ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

What the country does with its newfound power will be crucial for everything from prices to the future of mining investments ...

Muhammad Ali Tamim, Iraq’s deputy prime minister and minister of planning, says the decision to raise production will be ...

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

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

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

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

OPEC has maintained its oil demand forecast despite concerns over U.S. President Trump’s trade policy. The group cited ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased ...