If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, ...

We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...

Nigeria, Africa’s biggest oil producer, has set a target of boosting daily production by 2.7 million barrels of crude and condensate ...

OPEC+ didn’t make any changes to its existing oil production plans at a review meeting Feb. 3, even as President Donald Trump ...

Standard Chartered has argued that Trump is unlikely to get his wish to force OPEC to cut the oil price, nting that ..

Good afternoon and happy Monday, readers! In today’s Daily on Energy, we examine how President Donald Trump’s imposed tariffs ...

Energy giant BP is projected to invest up to $25 billion over the life span of a project to redevelop four Kirkuk oil and gas ...