Nigerians consumed about 1. 2 billion litres of petrol in January, with a daily utilisation rate of 38.6 million, a report by the

Oil prices fell on Monday as investors worried about a second wave of coronavirus infections, but new output cuts from Saudi Arabia

Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the week amid worries that a

Oil fell on Monday after Russia said an OPEC-led pact may consider easing output cuts next year, but prices held near recent

Uncertainty over global economic and oil demand growth will continue to weigh on oil prices next year as the oversupply in the market

Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles increases but

By Jason Schenker U.S. President Donald Trump took to Twitter late last week to seemingly blame OPEC for making oil prices

OPEC forecast higher demand for its oil in 2018 due to rising global consumption and slower supply growth from rivals, although