ASTANA – Kazakhstan produced an average of 1.827 million barrels of oil per day in July, down 36,000 barrels from June, ...

Global appetite for oil is set to keep climbing over the next two years, according to OPEC’s August oil market report, which ...

Oil futures rebounded from two days of selling driven by bearish supply-demand outlooks from the EIA and the IEA, settling higher ahead of Friday's closely watched U.S.-Russia summit. U.S. natural gas ...

Oil prices fell on Friday ahead of a meeting between the leaders of the US and Russia to end the war in Ukraine that has shaken oil markets for more than three years with supply concerns. Brent, the ...

The federal government has acknowledged a shortfall in projected oil revenue, despite recording improved performance in overall gross revenue generation.

IEA: Global supply is set to surge while demand growth stays weak, with inventories potentially building at nearly 3 million ...

BofA Sees Oil Surplus Growing on OPEC+ Output; Brent Below $60 in 2nd Half — OPIS Bank of America on Thursday said it expected rising production by OPEC and its allied producers would increase the ...

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude ( BZ=F ), ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...

Nigeria produced 1.507 million b/d in July, above its 1.5 million b/d OPEC limit. • Output recovery driven by facility restarts and tighter Niger Delta security. • Abuja to seek higher quota at ...