News

President Donald Trump's turbulent tariff agenda, combined with mass deportations and increased national debt, has created ...
Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...
Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by ...
Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.
Sen. Heineken Lokpobiri, has called on the international community, particularly the Global North, to recognise Africa as a ...
The Organisation of the Petroleum Exporting Countries (OPEC) warns that the oil sector will need $10.6tn in new investments by 2040—and up to $18.2tn by 2050—to meet rising global demand and maintain ...
Bayo Ojulari, the group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the ...
According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...
Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ ...
The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...
OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...