A new report has alleged that Nigeria may be headed to a showdown with the Organisation of Petroleum Exporting Countries ...

Oil prices fell on Tuesday as investors assessed U.S. President Donald Trump's plans to apply new tariffs later than expected ...

Chevron Corp. affiliate Tengizchevroil started oil production at its Future Growth Project at Tengiz oil field in western ...

A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...

Oil Prices Fall After Four Weeks of Gains as U.S. Boosts Domestic Supply. Will Trump’s policies hurt crude oil’s recovery?

Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese ...

Nigeria needs improved security, improved investment, and a proper regulatory framework to achieve its target of producing 2.06 million barrels ...

The increase in crude oil production in Abia State, has been attributed to the engagement of a local security firm in the ...

U.S. crude oil was down $1.89, or 2.4%, to $75.99 per barrel by 8:29 a.m. ET, while global benchmark Brent fell $1.30, or 1.6 ...

China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the ...

For India, lower crude prices are expected to be a boon as they will reduce oil import costs, narrow the current account ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...