Nigeria's oil production, including condensate, rose by four per cent Month-on-Month (MoM) to 1.737 million barrels per day (bpd) in January 2025 compared to 1.667 million bpd recorded in December ...

The Russian economy suffers from falling oil prices, budget constraints, and rising corporate debt, while the West tightens ...

A bipartisan group of U.S. senators introduced a bill to limit, not prohibit, the sale of crude oil from the U.S. Strategic ...

And thank you all for joining us at our Q4 and 12 months 2024 Conference Call. I’m Harry Vafias, the CEO of Imperial Petroleum; and joining us today is Fenia Sakellari who will be discussing our ...

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with ...

Reports of a rising importation of petroleum products at a time Nigeria is hosting the Dangote Refinery, the largest productive refinery complex in Africa is worrisome.

Vandana Hari of Vanda Insights forecasts a more stable oil market in 2025. Reduction in geopolitical strains and strategic ...

The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

Last time Donald Trump was president, ties between the United States and India flourished. But the bilateral relationship began to fray during Joe Biden's presidency, owing not least to divisions over ...

I used to be an oil executive. Here’s how market forces, not politics, killed the oil boom—and why new pipelines won't save ...

The number of active drilling rigs in the United States stands at 588 this week, up by two from the previous week but down by 33 from a year ago, according to the weekly data released Friday by ...