Nigeria's oil production exceeded 1.5 mbpd in July, surpassing its OPEC quota for the second consecutive month, solidifying ...

OPEC on Tuesday maintained its forecast for demand to rise by 1.29 million bpd this year –— almost double the IEA figure. Oil ...

The International Energy Agency says the world is heading straight into a record-breaking oil surplus in 2026, as global demand growth slows down and ...

OPEC has raised its 2025 global economic growth forecast to 3.0%, supported by US trade agreements and stronger-than-expected performances in India, China, and Brazil. The ...

Nigeria produced 1.507 million b/d in July, above its 1.5 million b/d OPEC limit. • Output recovery driven by facility restarts and tighter Niger Delta security. • Abuja to seek higher quota at ...