What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

Crude oil logs biggest weekly gain since January on US sanctions, OPEC+ group cuts: Brent gains over 2% in five days ...

Nigeria exceeded its assigned OPEC production quota in February, producing 70,000 barrels per day more as the organization moves to increase output in February.

OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...

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

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

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

Nigeria has successfully reached its OPEC oil production targets after years of falling short, according to a top official ...

Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.

Are OPEC production quotas the main reason for Aramco’s reduced dividends? Attributing Aramco’s reduced dividends solely to OPEC’s production restrictions oversimplifies a complex economic ...

CGD companies will benefit from a fall in oil prices as it helps reduce their gas sourcing costs. They source gas through a ...