Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest U.S. sanctions on Russia ...

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa ...

The Organisation of the Petroleum Exporting Countries, OPEC, has said that the production of petroleum products, including ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...

The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted how the Dangote Petroleum Refinery is helping ...

In December, the OPEC Reference Basket (ORB) rose by nine cents, or 0.1 percent, m-o-m, to average USD 73.07/b, according to OPEC Monthly Oil Market Report January 2025 ...

The Organization of the Petroleum Exporting Countries (OPEC) has forecast global oil demand growth rate at 1.4 million ...

"BP to ink agreement with Iraq to redevelop four Kirkuk oil and gas fields" was originally created and published by Power ...

China's oil imports decline for the first time in two decades. Electric vehicles and LNG reshape China's energy consumption ...

West Texas Intermediate (WTI) Oil price retreats after reaching six-month highs, gaining more than 3%, in the previous ...

Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al-Thani confirms cease-fire agreement during press ...

Nigeria’s oil output has seen a significant increase, rising by 6.3% to reach 1.507 million barrels per day, according to the ...