Markets were stunned when OPEC+ when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

President Trump's tariffs have raised fears of a recession just as projections for global oil supply have jumped.

Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise ...

OPEC+ has decided to accelerate the reversal of production cuts, adding 411,000 barrels per day to its combined supply in May ...

Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...

As President Donald Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that ...

Host communities have threatened to shut down activities at Oil Mining Leases 86 and 88 if their grievances regarding ...

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.

For most of this decade, the OPEC+ alliance has been the world's most stalwart defender of high oil prices. In just a few ...

Local refineries like the Dangote and Edo Refineries will soon have more options of where to purchase crude oil, as Heirs ...

Oil prices have sold off heavily as the market deals with a potential demand hit from tariffs and a surprise supply increase ...

The Western-backed Caspian Pipeline Consortium is preparing to challenge in a Russian court a regulatory order that has ...