OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

Senator Heineken Lokpobiri, has assured that Nigeria remains fully committed to the rules of the Organisation of Petroleum Exporting Countries despite recent gains in crude oil output.Lokpobiri said ...

Saudi Arabia's crude oil exports slipped in June to their lowest level in three months, according to data from the Joint ...

At the centre of this transformation is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and has already started reshaping West Africa’s fuel trade.

Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, and UK companies in China are being ...

Opec forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...

The Organization of the Petroleum Exporting Countries said it anticipates an easing of global trade tensions in the coming ...

The OPEC letter, which was first reported by Reuters, is significant because, under U.N. rules, any agreement forged at the climate summit must be unanimously endorsed.

OPEC agrees to keep oil production cut, likely maintaining high prices through November election Saudi Arabia has ambitions to diversity its economy away from fossil fuel exports Comments ...

Oil supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 630,000 ...