The International Energy Agency (IEA) projects global oil demand to grow by 1.05 million b/d in 2025, well below OPEC's ...

The Organization of the Petroleum Exporting Countries (OPEC) projects global oil demand to grow by 1.4 million b/d in 2025 ...

Nigeria’s oil output, excluding condensate, increased year-on-year (YoY) by 6.3 per cent to 1.507 million bpd in December ...

The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil projections by the IEA of global oil demand peaking before 2030. The forecast ...

Experts argue that many of these initiatives were driven by assumptions and political ambition rather than thorough assessments of their economic viability or societal impact ...

Brent has broken above US$82/bbl. Falling US crude oil stocks and uncertainty over Russian oil supply following US sanctions, ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.

Prices rose after the U.S. Energy Information Administration reported on Wednesday domestic crude oil stocks fell for the ...

As Africa’s largest market, Nigeria’s human and mineral resources, expanding middle class, and youthful demographic create ...

Oil prices rose more than 2% on Wednesday, supported by a large draw in US crude stockpiles and potential supply disruptions caused by new US sanctions on Russia, while a Gaza ceasefire deal limited ...

Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, ...

Oil prices rose about 2 per cent on Wednesday on a large draw in U.S. crude stockpiles and potential supply disruptions from ...