The U.S. Energy Information Administration in its latest Short Term Energy Outlook estimated that national gasoline prices ...

OPEC has repeatedly revised down its 2024 demand estimates, citing a drop in diesel use and slower-than-expected economic ...

The weaker outlook highlights the dilemma faced by OPEC+, which is planning to start raising output in December after earlier ...

OPEC cut its estimate for China's crude oil demand growth in 2024 for a third straight month in October, but the producer ...

Indonesia's new government aims to revive oil and gas production, with plans to cut regulations, reactivate idle wells and ...

Investors interested in the energy sector could benefit from focusing on resilient stocks like Diamondback Energy, ExxonMobil ...

Bloomberg Opinion columnist Javier Blas has predicted that oil markets will be oversupplied in 2025 thanks to unwinding OPEC production cuts as well as increased non-OPEC supply ...

A new report has shown that the Dangote Refinery now controls more than half of Nigeria's aviation fuel market and half of ...

​OPEC is now forecasting that demand for oil will grow more slowly than it had previously expected for the rest of this year ...

The Organisation of Petroleum Exporting Countries (OPEC) said Nigeria's crude oil exploration dipped by 6.7% as the country's ...

Nigeria’s crude oil production dropped to 1.324 million barrels per day in September, the Organisation of the Petroleum ...