The government stopped publishing official output figures after November 2023, just weeks before its departure became ...

OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after ...

Kuwait’s oil minister said that OPEC is prepared to increase oil production if demand requires it, in comments that came on a ...

Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in ...

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get ...

The OPEC Fund for International Development (OPEC Fund) has arranged a US$30 million syndicated loan facility for Evocabank ...

OPEC Secretary General Haitham Al Ghais states that significant investment in oil and gas is crucial as these resources will ...

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said Nigeria will demand a higher oil ...

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, disclosed this in a special bulletin published by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), where he ...

OPEC maintains its bullish forecast for global oil demand growth in 2025 and 2026, driven by robust economic activity and ...

Oil production remains a vital economic pillar for many African countries, playing a major role in their GDP and serving as a ...

We ... expect OPEC to implement cuts to avoid a large increase in inventories in Q1-26', SEB Chief Commodities Analyst Bjarne ...