Parties to an OPEC-led effort to collaborate on the methods necessary for a healthy market said they were committed to help offset...
OPEC oil output fell to a 13-month low in May due to Nigerian outages, declining Venezuelan production and strong compliance with a...
The global oil industry should ramp up investment to ensure it can cope with future consumption growth and avoid supply shortages, OPEC...
Oil prices steadied on Wednesday after slipping prices on concerns that Saudi Arabia and Russia will pump more crude in response to...
Oil rose on Monday, supported by a rally across stocks and other commodities, after the United States said it had put a...
OPEC sees oil’s rally towards $80 a barrel as a short-term spike driven by geopolitics rather than any supply shortage, four OPEC...
Oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran tightened the market amid...
The Nigerian National Petroleum Corporation (NNPC) has announced the appointment of Mr. Mele Kyari, incumbent Group General Manager in charge of its...
The price of crude oil has risen to an almost three-year high, following US President Donald Trump’s unilateral decision to withdraw from...
Oil retreated from the highest level since 2014 amid speculation that even if U.S. President Donald Trump delivers on threats to exit...