Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of ...

Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories as investors awaited ...

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

His remarks come amid fresh data showing that Nigeria has kept crude production above its OPEC quota for the second month ...

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.

OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...

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 ...

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

Oil supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 630,000 ...

Opec forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...

The Organization of the Petroleum Exporting Countries (OPEC) raised estimates for world demand growth in 2026 by 100,000 ...