London-based pools company Tankers International has revealed a growth of Middle East Gulf crude shipments on sanctioned VLCCs. But the company believes this trend could reverse if the US ramps up ...

The Trump administration is seeking to drastically reduce Iran's oil exports to just 100,000 barrels per day through a ...

Upon taking office in January 2025, President Donald Trump quickly rolled back the oil and gas drilling restrictions implemented by his predecessor, President Joe Biden. ;This move significantly ...

The production figure which was released in OPEC monthly oil market report showed that the increase was against 1.485mln bpd ...

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...

Nigeria has achieved a significant milestone by meeting its Organisation of Petroleum Exporting Countries (OPEC), crude oil ...

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

Trump’s promotion of fossil fuel-driven growth poses significant challenges, but there are mitigating factors as well.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said the country exceeded its Organization of ...

Nigeria has finally met the quota set for it by the OPEC, a report by the Nigerian Upstream Petroleum Regulatory Commission ...

According to the oil cartel’s direct communication data, Nigeria recorded 1,539 million barrels per day in January from 1,485 million recorded in December 2024, an increase of 54,000 barrels.