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 ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

Days before he ordered, and then paused, new tariffs on U.S. imports from Canada and Mexico, President Donald Trump argued ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions.

Acreage expansion off the table despite surging palm oil demand Dr. Rizal Affandi Lukman is the Secretary General ...

West Texas Intermediate (WTI) Oil price advances on Tuesday, according to FXStreet data. WTI trades at $72.92 per barrel, up ...

West Texas Intermediate (WTI) Oil price snaps a three-day winning streak, trading around $72.40 per barrel during European hours on Wednesday. The decline follows the American Petroleum Institute’s ...

The former US President Joe Biden administration’s focus on alternative energy and reducing reliance on fossil fuels over its ...

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 ...

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 ...

Nigeria once dominated global palm oil production, with countries like Malaysia sourcing palm seeds from Nigeria in the 18th ...

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.