Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

Nigeria has cranked up its oil production to a respectable 1.8 million barrels per day, and now claims it could hit 2 million bpd of production by year's end ...

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...

The Canadian company pleaded guilty under the Environmental Protection Act in a provincial court on Sept. 16, a spokesperson said, for an occurrence on April 15, 2021, where nearly 1,150 litres (7.3 ...

Nigeria's state oil firm NNPC said on Thursday it had increased oil production to 1.8 million barrels per day (bpd), with the possibility of getting to two million bpd by year-end. Oil production at ...

This comes after the Organization of the Petroleum Exporting Countries on Tuesday again cut its global oil demand growth forecast to 1.82 million bpd in 2024, down from 1.93 million bpd forecast last ...

Pemex relies heavily on government handouts to stay afloat. Mexico is planning to set aside about $6 billion for Pemex debt ...

U.S. oil production continues to grow and will grow in the near future. But don’t expect the stellar growth from ...

In its monthly report, OPEC said it expects global oil demand to increase by 1.82 million barrels a day in 2024, which is lower than the October estimate of 1.93 million barrels a day. OPEC also trims ...

Recently listed companies, including Hyundai Motor India, PN Gadgil Jewellers, TBO TEK, and Stanley Lifestyles, will also ...

The price of a barrel of crude oil has fallen 1.6% since the start of Monday, bringing the decline over the last two trading sessions to 4%. Pressures on the oil price include signals from the ...

Indian refiners significantly gained from the uptick in distillate spreads during the Russia-Ukraine war, which sent ...