Nigeria earned an average of N55.5tn from crude oil sales in 2025, an analysis of official production figures released by the Nigerian Upstream Petroleum Regulatory Commission and crude price data ...

The IAEA and the World Bank Group – along with other international financial institutions (IFIs) and multilateral development banks (MDBs) – have taken an important step forward in shifting their ...

U.S. shale production could fall by as much as 400,000 barrels of oil per day in 2026 if OPEC countries try to increase ...

Trump's fixation on hiking oil volumes from OPEC and Venezuela to lower prices at the pump is leaving U.S. oil producers ...

U. control of Venezuela's oil exports has ensnared barrels that had been servicing debt to China, lining up another potential showdown between the two superpowers that could further complicate the ...

Oil prices slid about 2% to a one-week low on Thursday, after U.S. President Donald Trump softened threats toward Greenland and Iran, and on some positive movement that could lead to a solution to end ...

The total crude oil and condensate Nigeria produced in 2025 was 19.66million barrels per day (mb/d), The Nation learnt on ...

Venezuela's oil market is understandably tempting investors, but is it so simple to bet on the country's oil opportunity?

The United States is considering whether to strike Iran as turmoil intensifies for the country’s authoritarian regime.

OPEC expects oil demand to continue growing through 2027 and sees the global market remaining close to balance in 2026, ...

President Trump said in an interview Wednesday that he supports Venezuela staying in the Organization of the Petroleum ...

The Organization of the Petroleum Exporting Countries expects world oil demand to grow at a steady pace in 2027 in its first outlook for the year.