Oil production has held steady. Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and OPEC confirm oil output averaged between 1.1 and 1.6 Gas flaring in Nigeria has surged to a ...

Africa is repositioning itself in the global oil market – not merely as a supplier to international markets, but as a rising ...

India's Oil Minister Hardeep Singh Puri suggests that fuel prices could decrease if crude oil prices remain stable, as the country diversifies its oil import sources.

Oil prices traded within a narrow range as investors assessed U.S. demand signals and monitored global trade developments. The Houston-based energy infrastructure company said its net income was ...

The Spanish government announced a €200 million ($232.03 million) financial package to bolster its investments in Mauritania, along with the launch of ...

The Nigerian currency, the naira, depreciated to N1,530 per dollar on Wednesday, July 16, 2025, from N1,518 the previous day, as dollar demand rose in the FX market.

Nigeria’s average daily crude oil production exceeded its OPEC quota in June 2025, marking the second time this year the ...

Nigeria's crude oil production has again exceeded the quota assigned to it by the Organisation of Petroleum Exporting ...

Dow Jones Top Energy Headlines at 4 AM ET: Kinder Morgan Results Boosted by Natural Gas Demand | Santos ... The Houston-based energy infrastructure company said its net income was driven by increased ...

MOSCOW, July 16. /TASS/. Trump’s new framework of arms supplies to Ukraine, the potential fallout of new tariffs against Russia’s trade partners, and OPEC signals openness to new members. These ...

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...

OPEC says oil prices rebounded strongly in June following months of pressure from seasonal demand lulls and growing refinery ...