OPEC and its allies are once again faced with a difficult choice next week--extend production cuts or increase its own market ...

Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $67.55 per barrel, ...

OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S.

West Texas Intermediate (WTI) crude Oil price remains subdued after two days of gains, trading around $67.40 per barrel ...

Nigeria has achieved a significant milestone by meeting its Organisation of Petroleum Exporting Countries (OPEC), crude oil production quota for January 2025, recording an output of 1.53 million ...

Brent was down 3.8 per cent, its biggest weekly decline since the week of November 11, almost four months. US WTI finished ...

Eight OPEC countries, including Saudi Arabia and Russia, solidify their commitment to oil market stability. They confirmed ...

The Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s average daily crude oil production increased significantly to 1.539 million Barrels Per Day (bpd) in January.

This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.

As sub-Saharan Africa's fourth largest oil producer, the Republic of Congo has ambitions to leverage its oil production to fuel furth ...

The Africa Finance Corporation said it is accelerating efforts to mobilise the continent's own money for investments, and ...