OPEC says global oil market fundamentals remain supportive as 2025 draws to a close, despite softer crude prices in recent ...
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026. Read more at The Business ...
The Asian Development Bank (ADB) has approved a $200 million loan to support the ongoing Mahaweli Development Program, Sri ...
Latin Times on MSN
Latin America becomes key driver of new oil supply as 2026 surplus looms, report finds
New offshore projects in Brazil and Guyana shift global supply dynamics as output growth outpaces expected demand ...
The Nigerian Content Development and Monitoring Board (NCDMB) says that the recent acquisition of Saipem, an Italian oil servicing firm by Marconi NG EPC, as a major boost to the Nigerian Content ...
The US Energy Information Administration (EIA) recently released its forecast for OPEC’s crude oil production in 2026, ...
Sunday Trust on MSN
Nigeria's crude oil output rises to 1.436mbdp
Nigeria's crude oil production rose slightly in November to 1.436 million barrels per day (bpd), up from 1.401 million bpd in October, according to the OPEC Monthly Oil Market Report (MOMR) released ...
Oil prices closed lower on Friday as a supply glut and a potential Russia Ukraine peace deal outweighed worries about any ...
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