The country has experienced fluctuating oil production due to internal strife since the fall of Muammar Gaddafi in 2011.

Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly report that India's crude imports began the year averaging 4.9 mb/d. This represents an increase of 154 tb/d, or over 3 ...

THE execution of Nigeria’s 2025 N54.99 trillion budget appears to be facing more challenges as the main source of funding, ...

Kazakhstan reaffirmed its commitment to adjusting its oil production to align with its agreed OPEC+ quota, following an overproduction ...

A lower-than-expected increase in US crude oil inventories supported the market, while better-than-expected US consumer price ...

The latest monthly oil market report by OPEC showed that Nigeria’s crude production declined from 1.54 million barrels per ...

Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a ...

Nigeria has a 1.5 million barrels per day OPEC+ quota. OPEC’s secondary sources hinted that the country’s output went a little above 1.5mb/d, 1,526mb/d in January to 1,560mb/d in February.

Thursday's IEA report comes as Brent crude trades at $71 a barrel, while the U.S. oil gauge, West Texas Intermediate, is around $67 a barrel. Futures are pressured by growing concerns over the chaotic ...

Oil prices rose 2 percent in yesterday s trading, affected by US government data revealing a larger than expected decline in crude oil and ...

Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening ...