By Innocent Obasi The NNPC Upstream Investment Management Services (NUIMS) has disclosed that Nigeria’s oil production has risen to

Oil prices dropped sharply on Tuesday after a top Saudi Arabian source told Reuters that production could be fully back on line within

The Organisation of Petroleum Exporting Countries (OPEC) has agreed to trim oil output by asking over-producing members Iraq and

Oil prices were mixed Monday amid rising Russian production and strong demand in Asia. Crude Oil WTI Futures for July delivery were

Fuad Masum, Iraqi President said at a meeting Monday with OPEC Secretary-General Mohammad Barkindo that the country supports

OPEC and its allies including Russia may next year ease the crude-output curbs that have helped prices recover from the worst crash in

Jabar al-Luaibi, Iraqi’s oil minister said Saturday that oil output capacity in the OPEC member country is nearing 5 million

Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices

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