U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...
Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.
Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, ...
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.
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Saudi Arabia's crude oil supply to China will likely decrease in March compared to the previous month, trade sources told Reuters on Tuesday.
Nigeria spends not less than N1.57tn on crude oil production monthly, translating to about N18tn annually, a development which industry operators described as too high, The PUNCH reports.