The Federal Government is considering adding a fresh liability of $2.2 billion to the existing debt overhang as part of its plans to fund ...

China's oil refiners in October processed 4.6% less crude than a year earlier, falling year-on-year for a seventh month, amid the closures of some plants and reduced operating rates at smaller ...

Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...

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 ...

The recent string of oil price hikes may be coming to an end, with industry analysts projecting a slight dip in prices next ...

The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.

Such steep corrections are an opportunity to buy excellent companies at an attractive price ... Rising crude oil imports will ...

For India, which is the world's third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its ...

The company also stated that it is set to hit the two million barrels per day target set by President Bola Tinubu by December ...

The firmer USD and OPEC's latest downward revision for demand growth could cap the WTI’s upside.