The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased ...

What the country does with its newfound power will be crucial for everything from prices to the future of mining investments ...

The National Oil Corporation (NOC) has pushed back against OPEC’s recently published oil production data for 2024, calling ...

The oil sector will need substantial investments to reliably meet the expected growth in demand, with cumulative investment requirements estimated at $17.4 trillion between 2024 and 2050, or ...

1. US CPI looms large The week’s... Oil prices retain strength despite OPEC cutting demand forecasts By Investing.com - Dec 11, 2024 3 Investing.com -- Oil prices rose Wednesday, with sentiment ...

The Organization of the Petroleum Exporting Countries stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said U.S. President Trump’s trade policy ...

Nigeria has, for the first time, met the Organisation of Petroleum Exporting Countries’ (OPEC) crude oil production quota of 1.5 million barrels per day ...

LONDON: OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption and potential trade tariffs were not ...

October World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb/d to 68,542 kb/d. October Non-OPEC oil production increased ...

This is about 39,000 barrels above the 1.5mbpd set for the oil-producing country by OPEC. The PUNCH reports that Nigeria failed to meet the crude oil production quota approved by OPEC throughout ...

OPEC+ members collectively produced 13.947 million bpd in January, slightly increasing by 3,000 bpd from December’s 13.943 million bpd. Overall, the combined crude oil production of OPEC and its ...

Nigeria’s crude oil production dropped by 30,000 barrels per day (bpd) in January to 1.495 million (bpd), falling short of ...