Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

Oil prices have gained support from Trump's vow to continue the US assault on Yemen's Houthis unless they end their attacks ...

Oil prices held near a two-week high on Tuesday as instability in the Middle East increased the risk of supply disruptions, ...

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NIGERIA achieved an oil production of 2.2 million barrels per day in 2020 at the height of the COVID-19 pandemic. Gradually, well-resourced criminal gangs started rolling back the country’s output ...

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

In short, Indonesia’s nationalistic approach is likely to be a costly failure. In contrast to nickel processing, where its ...

The US President would love nothing more than a diplomatic coup involving the most influential Arab nation, but it's not that ...

Gangs of thieves are tapping the pipelines that feed Africa’s biggest liquefied natural gas plant, collecting condensate—a hydrocarbon more desirable locally than crude—in a dangerous pursuit that’s ...

Global oil supply growth is outstripping demand, the CEO of one of the world's largest oil traders,Gunvor, said on Monday.

"The change in OPEC strategy looks like they are prioritising politics over price. Those politics are likely connected with the wheeling and dealing of Donald Trump," Schieldrop said, referring to ...

Oil prices extended losses on Tuesday after reports of OPEC+ plans to proceed with output increase in April while further price pressure was applied by US tariffs on Canada, Mexico and China as ...