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

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 ...

Nigeria has finally met the quota set for it by the OPEC, a report by the Nigerian Upstream Petroleum Regulatory Commission ...

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

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

Lower oil prices, budget constraints and a rise in bad corporate debt are among the top economic risks facing Russia, ...

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

Russia’s crude output fell to 8.962 million barrels a day in January, 16,000 barrels a day below its target under the OPEC+ ...

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