WTI crude oil (CLH25) is down -0.59 (-0.82%), and March RBOB gasoline (RBH25) is down -0.0243 (-1.15%). Crude oil prices are ...

According to the oil cartel’s direct communication data, Nigeria recorded 1,539 million barrels per day in January from 1,485 million recorded in December 2024, an increase of 54,000 barrels.

The dollar-denominated crude market also faces pressure from rising US inflation, reinforcing expectations that the Federal ...

EXXONMOBIL has taken another major step forward in its ongoing development of Guyana’s offshore oil resources by submitting an Environmental Authorisation (EA) application to the Environmental ...

Heineken Lokpobiri, has said Nigeria can achieve the production of three million barrels of oil per day in 2025.

Indian Oil Minister Hardeep Singh Puri expressed confidence that “constraints” on Venezuelan oil exports would be eased.

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 ...

Russia’s oil production totaled 9.01 mbd in November 2024, and 9.004 mbd in December, according to OPEC. Output averaged 9.250 mbd in Q2 2024, 9.058 mbd in Q3, and 9.015 mbd in Q4.

Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on rising Middle East tensions, outweighing worries that trade tariffs would ...

OIL prices climbed about 2 per cent on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil supplies, outweighing worries escalating trade tariffs would boost ...

Tuesday closed up +1.00 (+1.38%), and March RBOB gasoline (RBH25) closed up +0.0431 (+2.05%). Crude oil and gasoline prices ...