Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed ...

The decision by OPEC to delay the future ramp up in output from Jan 2024 to April 2024 likely dropped the STEO estimate for ...

India is ending 2024 with its oil demand growth rate surpassing neighbouring China’s, a trend expected to spill over to the ...

Kuwait Oil Company (KOC) has announced the addition of 90,000 barrels of heavy crude to its production, with more to come.

The oil patch is unlikely to see the kind of breakneck growth it saw in Trump’s first term, when daily crude production shot ...

A report by Afrinvest, a Lagos-based investment firm, said that the naira would depreciate to N1,800 per dollar in the coming ...

The Defence Headquarters, DHQ, has announced that troops on internal security operations arrested two terrorist ammunition couriers and 256 other suspects ...

Trump takes office January 20, and has threatened to quickly hit products from Canada and Mexico with 25% tariffs unless they ...

US officials have claimed that North Korea is suffering mass casualties on the front lines of Russia’s war against Ukraine, as Biden pushes to send a £1bn boost to Kyiv. At such a critical moment in ...

collaborate on oil, gas, newspaper says 8:11 AM UTC category Turkish drone maker Baykar buys Italy's Piaggio Aerospace 10:52 AM UTC Marketscategory UAE stocks mixed as Abu Dhabi extends losses 12: ...

By Milana Mazaeva and Ivan Nechepurenko Russia has assembled a fleet of hundreds of vessels to covertly ship its oil. With so many ships at sea, the idea of using some to cause havoc may be ...