Saudi Arabia's crude oil exports in May rose to their highest in three months, data from the Joint Organizations Data ...

Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using ...

Brent oil stabilises around $70/barrel after volatile June as seasonal demand and low inventories support prices.

Saudi Arabia's crude oil exports reached a three-month high in May, driven by the Kingdom's leadership in OPEC+ production increases.

Oil-dependent countries, including Iraq, will see lower crude oil prices that will negatively impact their financial ...

U.S. oil and gas giants ExxonMobil and Chevron are in discussions about development opportunities in Iraq’s oilfields with ...

The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what's to come ...

The report predicts that Africa's total crude and condensate exports will remain stable at around 5.2 million barrels per day (bpd) through 2035, but by 2050, they are expected to decline to 4.2 ...

Here are the seven top business stories you need to track this week — July 21 to July 25. The Central Bank of Nigeria (CBN) ...

West Texas Intermediate (WTI), futures on NYMEX, trades flat around $66.00 during the European trading session on Monday. The Oil price struggles for direction while the European Union (EU) has ...

The naira edged toward N1530/$ in the unofficial market at the start of the first trading session of the week.

The IMF and Oxford study reveals that oil supply shocks cause deep, asymmetric, and lasting disruptions in global labor markets, especially harming oil-importing countries, oil-intensive sectors, and ...