BRASILIA, Brazil -- Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country's evolution into a major oil state just nine months ahead of ...

West Texas Intermediate (WTI) US Crude Oil prices rebounded on Monday despite an overall lack of news during the US session. US markets were largely dark in celebration of President’s Day, keeping ...

OPEC+ is considering pushing back its planned series of monthly oil supply increases due to begin in April, Bloomberg reported, citing unnamed delegates.

Dubai GCC countries continue to assert their dominance in global energy markets, securing top rankings across key in ...

The National Oil Corporation (NOC) has pushed back against OPEC’s recently published oil production data for 2024, calling ...

Reports of a rising importation of petroleum products at a time Nigeria is hosting the Dangote Refinery, the largest productive refinery complex in Africa is worrisome.

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with its GDP per capita plummeting by 72.35 per cent.Data obtained from the ...

IEA Slightly Lifts Oil Demand Outlook, Says Supply Surplus Narrowing The International Energy Agency modestly raised its forecast for global oil-demand growth and said improved compliance with output ...

Nigeria’s oil production, including condensate, rose by 4 percent Month-on-Month, MoM, to 1.737 million barrels per day, bpd, ...

Oil prices settled down more than 2% on Wednesday after U.S. President Donald Trump took the first big step toward diplomacy ...

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

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 ...