The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...

Rising crude oil imports will signal that the measures are working. This would be good news for tanker owners. OPEC extended ...

Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC's demand ...

This comes after the Organization of the Petroleum Exporting Countries on Tuesday again cut its global oil demand growth ...

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...

In its Monthly Oil Market Report (MOMR) released in November, OPEC clarified that its figures were based on secondary data ...

"There is more oil available. What we need is stability and predictability so that in the period ahead countries can base ...

Oil prices rose about 1% on Thursday, paring some of the sharp declines seen earlier this week due to a stronger U.S. dollar ...

THE Organisation of Petroleum Exporting Countries, OPEC, yesterday, said Nigeria’s oil output, excluding condensate, was ...

Both OPEC and IEA signaled they expected a well supplied market this year and next. “Oil is tackling the (earlier) weaker demand forecast narrative by OPEC, who deferred rolling back additional ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...