The ongoing plan by the Federal Government to increase crude oil production to 2.062 million barrels per day could potentially lead to a confrontation with the Organisation of Petroleum Exporting ...

President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal ...

Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production ...

OPEC’s share of India’s crude oil imports increased for the first time in nine years, signaling a shift in the country’s ...

President Donald Trump threatened business leaders with higher tariffs, vowed to “demand” decreased oil prices from Opec and ...

OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier ...

(Bloomberg) -- Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana continues to grow, the US government said in its first ...

OPEC said the Dangote Refinery has significantly reduced Nigeria's reliance on imported European refined products. In its ...

The Organization of the Petroleum Exporting Countries (OPEC) has forecast global oil demand growth rate at 1.4 million ...

"The key thing is that non-OPEC plus production is growing faster ... Amid rising geopolitical tensions, Mariani emphasizes Iran as the key country to watch, noting the incoming Trump ...

The data from OPEC MOMR for December 2024 showed that the country’s production, including condensates, rose by 11 percent, from 1.333 million barrels in October to 1.486 million in November 2024.