The Nigerian National Petroleum Company Limited (NNPCL) says it is ramping up efforts to raise the country’s oil production capacity ...

The Organization of Petroleum Exporting Countries or OPEC came up with an upbeat assessment of long-term energy demand for ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...

Oil prices edged up on Friday, as investors weighed a tight prompt market against a potential large surplus this year, ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

Oil prices are under pressure, despite OPEC+ reportedly nearing the end of its supply hikes. Trump's talk of a “major” Russia ...

For now, though, the market remains relatively tight through the northern hemisphere summer." "Meanwhile, the International Energy Agency (IEA) is scheduled to release its latest monthly Oil market ...

The Senate says that the Nigerian National Petroleum Company Limited (NNPCL) is yet to account for the N210 trillion highlighted ...

As OPEC+ allies restore 548,000 barrels daily, creating oil market volatility, procurement executives face supply chain risks ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Oil Snaps Winning Streak As Oversupply Concerns ...