U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

OPEC has downgraded the forecast for the U.S. oil and condensate production in 2025 by 50,000 barrels per day.

U.S. oil production is expected to reach new heights in 2025, surpassing earlier projections, according to the U.S. Energy ...

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

At 427.9 million barrels, U.S. crude oil inventories are about four percent below the five year average for this time of year ...

Oil prices have suddenly started climbing due to concerns over the tightening of Russian oil exports to China and India. This ...

Fresh US sanctions on Russia’s oil exports have yet to impact supply, the International Energy Agency said on Thursday.

Access to crude oil by domestic refiners, including modular refineries, has remained at a relatively zero level despite the ...

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 U.S. Energy Information Administration revealed its latest Brent spot price forecasts for 2025 and 2026 in its February ...

Russia, Iraq and Kazakhstan faced exceeding production limits and promised to compensate for overproduction by the end of ...

Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 ...