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 ...

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with its GDP per capita plummeting by 72.35 per cent.Data obtained from the ...

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

London-based pools company Tankers International has revealed a growth of Middle East Gulf crude shipments on sanctioned VLCCs. But the company believes this trend could reverse if the US ramps up ...

The production figure which was released in OPEC monthly oil market report showed that the increase was against 1.485mln bpd ...

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

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 ...