The Federal Executive Council (FEC) presided over by President Bola Tinubu on Thursday approved a proposed budget of N47.9 trillion for 2025.

Private Chinese oil refinery Landbridge Petrochemical Co. has made a rare purchase of a shipment of West African oil instead ...

U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase ...

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...

Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...

U.S. crude oil stockpiles rose more than expected last week, while gasoline and distillate inventories posted surprise ...

Union Minister Hardeep Singh Puri reassured that major oil-consuming countries will not face any shortage due to increased ...

The Paris-based organization forecasts global demand to grow by 921,000 barrels a day in 2024 from 862,000 barrels a day previously, largely due to stronger-than-expected gasoil deliveries in OECD ...

Kurdistan Region’s long-suspended oil exports could be resumed later this year if the Iraqi parliament passes an amendment ...

Crude supplies are expected to outstrip supply by more than 1 million barrels per day next year led by robust growth in the U ...

Chevron is projected to pay around $11.8 billion in dividends in 2024, which is even more than well-known passive income ...