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

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

His remarks come amid fresh data showing that Nigeria has kept crude production above its OPEC quota for the second month ...

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.

OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...

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's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

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

The Organization of the Petroleum Exporting Countries (OPEC) is expecting more growth in global demand for crude oil due to a ...

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

Oil supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 630,000 ...