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The world faces a record glut of oil next year as a Saudi-led cartel ramps up production – just as global demand slumps.
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Nigeria surpasses OPEC oil quota for second consecutive month
Nigeria's oil production exceeded 1.5 mbpd in July, surpassing its OPEC quota for the second consecutive month, solidifying ...
Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures ...
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...
OPEC report showed that Nigeria retained its position as the largest oil producer in Africa, surpassing Algeria, which ...
OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...
OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...
Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...
Oil prices fell as investors weighed Trump’s China tariff extension and considered the planned meeting with Russia’s Vladimir Putin ...
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