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 ...

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

Oil prices erased losses on Wednesday after U.S. Treasury Secretary Scott Bessent said sanctions against Russia or secondary tariffs could go up if Friday's meeting between President Donald Trump and ...

THE Philippines has secured a new multi-million dollar loan from the Asian Development Bank (ADB) to finance the expansion of the government’s food stamp program. The Manila-based multilateral ...

OPEC has raised its 2025 global economic growth forecast to 3.0%, supported by US trade agreements and stronger-than-expected performances in India, China, and Brazil. The ...