Nigeria's oil production exceeded 1.5 mbpd in July, surpassing its OPEC quota for the second consecutive month, solidifying ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said ...

OPEC on Tuesday signaled a tighter oil market ahead, keeping its 2025 global oil demand growth forecast unchanged at 1.3 billion barrels per day. The update included minor ...

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 ...

The International Energy Agency says the world is heading straight into a record-breaking oil surplus in 2026, as global demand growth slows down and ...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reported a decline in fuel consumption for June 2025, with ...

The International Energy Agency (IEA) has further trimmed its forecast for crude oil demand this year, citing softer global ...

Dow Jones Top Energy Headlines at 7 AM ET: Oil Inches Lower After IEA Raises Its Supply Forecast | Vestas ... Oil prices edged lower after the IEA raised its global supply forecast, signaling a bigger ...

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

Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...

Nigeria’s crude oil output, excluding condensates, has risen by 11 per cent year-on-year to 1.559 million barrels per day ...