Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

President Donald Trump's turbulent tariff agenda, combined with mass deportations and increased national debt, has created ...

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 ...

With global oil demand at 104 million barrels per day and supply at 105.2 million, the market is now oversupplied by over one ...

There are no comparative figures from previous years because PDVSA has not published its results since 2016, and it did not ...

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...

Bayo Ojulari, the group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the ...

India significantly increased its crude oil imports from the United States and Brazil in the first half of 2025, driven by ...