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, ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

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, ...

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

Alexander Novak, Deputy Prime Minister of Russia, said that the Joint Ministerial Monitoring Committee of the OPEC+ Group of ...

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

Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase ...

Crude oil prices experienced minimal fluctuations on Thursday amidst a backdrop of market uncertainty, surrounding tariffs and OPEC.

Kazakhstan's oil production hit a record high on January 27, with daily output reaching 278,499 metric tons following the recent expansion of the Chevron-led Tengiz oilfield ...

Local protesters blocked crude oil loadings at two key Libyan ports, jeopardizing daily exports of 450,000 barrels. Demanding ...

US core PCE index for the month of December is expected to increase to 0.2% against the previous 0.1%. If these figures are ...