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

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

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 ...

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

The company is currently in the midst of a wrongful dismissal lawsuit with a former employee, a safety engineer from London, ...

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

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

Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.

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

Kazakhstan's oil and condensate output reached a record high in March, with higher output from the giant Tengiz oilfield and ...

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