THE Organisation of Petroleum Exporting Countries (OPEC), said Nigeria’s average daily crude oil production has increased significantly to 1.539 million Barrels Per Day (bpd) in January.According to ...

West Texas Intermediate (WTI) Oil price advances on Friday, according to FXStreet data. WTI trades at $71.47 per barrel, up from Thursday’s close at $71.26. Brent Oil Exchange Rate (Brent crude) is ...

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...

In December 2024, Nigeria's crude oil production reached 1.5 million barrels per day (bpd), marking the first time it met its ...

Nigeria has achieved a significant milestone by meeting its Organisation of Petroleum Exporting Countries (OPEC), crude oil ...

India is the world’s third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its requirement.

Trump’s promotion of fossil fuel-driven growth poses significant challenges, but there are mitigating factors as well.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said the country exceeded its Organization of ...

OPEC has maintained its oil demand forecast despite concerns over U.S. President Trump’s trade policy. The group cited increased market uncertainty, with potential supply-demand imbalances leading to ...

Petroleum futures regained their footing Thursday, a day after crude prices lost nearly $2 and refined product contracts shed 2%-3% on potential Ukraine peace talks and after Fed Chair Jerome Powell ...

The stocks of oil majors Chevron (CVX), Exxon Mobil (XOM), and Occidental Petroleum (OXY) are up about 1% each after the ...