President Trump’s discussions with Putin signal a possible peace deal for Ukraine, which could lead to U.S. sanctions relief.

GCC countries ranked first in global energy indicators and first in crude oil production, crude oil reserves, crude oil exports and natural gas reserves. Additionally, the GCC countries ranked second ...

Nigeria has successfully reached its crude oil production target set by OPEC, according to a report from the NUPRC.

The arrival of a Chinese chemical shipment in Iran signals a potential resurgence in Iran's missile production capabilities ...

THE Organisation of Petroleum Exporting Countries (OPEC), said Nigeria’s average daily crude oil production has increased significantly to 1.539 million Barrels Per Day (bpd) in January.According to ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

Russia's commercial revenues from sales of crude oil and oil products in January rose by $900 million from December to $15.8 ...

Nigeria’s oil production, including condensate, rose by 4 percent Month-on-Month, MoM, to 1.737 million barrels per day, bpd, ...

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...