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 ...

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.

U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum Regulatory Commission has said. This is 300 per cent higher than the cost of ...

Oil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, according to findings by The PUNCH.The findings are based on analysis of data ...

Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

“Again and again, it has pushed the start of the production increase further into the future. It could do it yet again. That will depend on circumstances of one - global oil demand growth and ...

The potential for renewed war in Gaza, heightened U.S.-Israel cooperation, and Russia’s growing vulnerability in oil exports create a bullish outlook for oil markets ...

Activist group Justice for Myanmar alleged in a recent report that Interra had "helped supply the junta" with over two million barrels of oil and "fuelled its ongoing war crimes".

The government has identified 1.12 MH of rice fallow where the land remains unused after harvesting for the production of oilseeds in Odisha, West Bengal, Bihar, Chhattisgarh, Madhya Pradesh and ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

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 ...