Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

At the centre of this transformation is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and has already started reshaping West Africa’s fuel trade.

The return of previously curtailed oil production by OPEC+ members is killing U.S. shale growth, with industry executives ...

IEA warns OPEC+ output hike leaves oil market oversupplied as the supply is rising faster than demand with bloated market ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.50 ...

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, and UK companies in China are being ...

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

The world faces a record glut of oil next year as a Saudi-led cartel ramps up production – just as global demand slumps.

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

LONDON: The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday raised its global oil demand forecast for ...