Nigeria’s crude oil production dropped by 30,000 barrels per day (bpd) in January to 1.495 million (bpd), falling short of ...

According to OPEC, the Dangote refinery has cut down Nigeria’s imports of petroleum products from Europe. According to experts, the Dangote refinery might end the decades-long gasoline trade from ...

U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three ...

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 ...

The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...

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

A new US Department of Energy survey reveals that four Caspian Basin states collectively account for 3% of global energy ...

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 has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

Crude oil futures climbed to a two-week high Tuesday, as concerns over sanctions on Russian and Iranian oil supplies as well as rising Middle East tensions outweighed worries that a potential trade ...

Days before he ordered, and then paused, new tariffs on U.S. imports from Canada and Mexico, President Donald Trump argued that the U.S. does not need imported products such as crude oil and lumber ...

Donald Trump and AI executives alike have sounded the alarm about a looming AI-driven energy shortage. Both benefit from the ...