Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

Oil edged higher in early Asian trade after falling overnight, but may continue to be weighed by rising U.S. stockpiles and trade uncertainty.

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

YENAGOA – The Organisation of Oil Exporting Countries (OPEC) has commended Nigeria and other member-countries over their conformity with the crude oil production quota for November and December 2024.

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

The Permian Basin, Guyana, Kazakhstan, and large LNG projects are driving future cash flow growth for the oil majors.

Saudi Arabia ... needs an oil price of $80 per barrel more than ever,' SEB Chief Commodities Analyst Bjarne Schieldrop said.

“One way to stop it quickly is for OPEC to stop making so much money ... said Friday that OPEC+ cutting oil prices to $45 per barrel could push Russia to end the war. “Russia is gaining ...

Chevron Corp. said Friday it completed an expansion at Kazakhstan’s huge Tengiz oil field, which is expected to pump 1 million barrels a day by the middle of this year. The expansion ...

A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015.REUTERS/Nick Oxford Donald Trump called on OPEC to lower the cost of oil ...