Nigeria has successfully reached its crude oil production target set by OPEC, according to a report from the NUPRC.

NYMEX RBOB gasoline futures for April 2025 delivery reached a $2.0049 per gallon wholesale low on September 10, 2024.

The Organization of the Petroleum Exporting Countries (OPEC) has revised its 2025 forecast for U.S. oil and condensate ...

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 ...

The EIA expects Brent crude prices to average about $74 in 2025 before dropping to $66 in 2026, as production gradually increases and global demand remains weak. OPEC+ production cuts will lower ...

Crude oil prices are a major influence on the global economy, and they directly affect energy markets and investor ...

THE evolving focus of oil producers on India, its strengthening ties with non-OPEC producers, the future of refining and the ...

ConocoPhillips (NYSE: COP) today reported fourth-quarter 2024 earnings of $2.3 billion, or $1.90 per share, compared with fourth-quarter 2023 earnings of $3.0 billion, or ...

We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...

Enforcement of the U.S. sanctions on Iran will come down to how much the Trump administration is willing to pressure Iran's oil buyers, said StoneX's Hodes. Oil prices may rise if there are some ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three. As a first step, last ...