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OPEC 12 output for May 2025 was revised up by 34 kb/d, and June 2025 output was revised higher by 46 kb/d compared to last ...
October WTI crude oil (CLV25 ) today is up +0.07 (+0.11%), and October RBOB gasoline (RBV25 ) is down -0.0019 (-0.10%). Crude ...
A glaring mismatch between benchmark oil prices and expectations of a looming supply overhang has created an imbalance that ...
Saudi Arabia's crude oil exports slipped in June to their lowest level in three months, according to data from the Joint ...
September WTI crude oil (CLU25 ) on Tuesday closed down -1.07 (-1.69%), and September RBOB gasoline (RBU25 ) closed down ...
The lower cost may be a sign of a global economic slowdown, but its most apparent effects are a boon to consumers: lower ...
Rising costs and slowing productivity in U.S. shale signal the end of relentless production growth, potentially setting the ...
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AllAfrica on MSNNigeria Leads As Africa Moves to Add 1.2m Bpd Crude Oil Refining Capacity
Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according to the newly released 2025 OPEC World Oil ...
Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...
China Concord Resources aiming to produce 60,000 barrels per day by the end of next year ...
The move should bring Iraq closer to achieving "self-sufficiency of petroleum products", and reduce the burden of importing petroleum derivatives.
Nigerian crude prices rose on Monday after Ukraine stepped up attacks on Russia, fanning concerns that Russian oil supply could ...
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