The group maintains substantial production cuts, representing a notable portion of global demand. Discussions are underway to ...

Uncertainty over a Russia-Ukraine peace deal maintains high volatility in oil markets, with any potential Russian supply ...

Opec+, which pumps about half the world’s oil, has paused oil output hikes for the first quarter of 2026 after releasing some ...

Dangote Group picks US firm Honeywell to double refinery output, enhance polypropylene production, and strengthen Nigeria’s energy and industrial security.

OPEC+ nations are set to confront the pressing issue of their oil production capacity this weekend. With a new assessment ...

OPEC+ talks to focus on countries' maximum output capacity, to be used as reference for 2027 baselines. Read more.

Domestic gasoline prices may be adjusted down sharply tomorrow (November 27). If the stabilization fund is not affected, ...

Russia's seaborne exports are declining in November as US sanctions against the country’s two largest oil producers Rosneft ...

Oil demand has been rising. But supply is rising more than twice as fast, and it is starting to overwhelm the market.

January WTI crude oil (CLF26) on Tuesday closed down -0.89 (-1.51%), and January RBOB gasoline (RBF26) closed down -0.0235 ...

Devon Energy Corporation remains a Strong Buy, driven by efficient operations, robust free cash flow and debt reductions.