Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

The return of previously curtailed oil production by OPEC+ members is killing U.S. shale growth, with industry executives ...

IEA warns OPEC+ output hike leaves oil market oversupplied as the supply is rising faster than demand with bloated market ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.50 ...

At the centre of this transformation is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and has already started reshaping West Africa’s fuel trade.

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, and UK companies in China are being ...

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

"In its monthly oil market report, OPEC made no changes to its 2025 demand and non-OPEC+ supply numbers. The group did, ...

Global oil demand is expected to rise next year on the back of economic growth despite the impact of US tariffs, according to ...

The world faces a record glut of oil next year as a Saudi-led cartel ramps up production – just as global demand slumps.

LONDON: The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday raised its global oil demand forecast for ...