Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

Russia's oil production is expected to be slightly lower in 2024 compared to 2023, as the country adjusts for previous overproduction according to OPEC+ agreements, while oil processing levels are ...

A powerful explosion rocked the Trans-Niger Pipeline, a key conduit for Nigerian crude oil exports, just as the country had begun to increase production and exports.

Kazakhstan's energy minister will stand down from his role, the country's presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower ...

Nigeria will be able to meet OPEC's production target, an executive from Nigeria's state oil company NNPC said on Tuesday.

Oil prices held near a two-week high on Tuesday as instability in the Middle East increased the risk of supply disruptions, while China's plans for more economic ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

Houthi strikes have forced international shipping companies to re-route container ships that would normally pass through the ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...