Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...

Nigeria’s crude oil production declined by 4.37% in March to 1.401mn barrels per day (bpd), further widening the gap between actual output and the country’s OPEC quota, the AprilOPEC Monthly Oil ...

Nigeria's crude oil production has hit a two-month high after months of decline. The country reported an increased production ...

The document said, “The average crude oil production was 99% of the OPEC quota (1.5mbopd ... The report did not state the cause of the decline in output but it may not be unconnected ...

Nigeria has set an ambitious target of 2.5 million barrels of oil per day by the end of the year, backed by Exxon’s $1.5 ...

Supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 800,000 barrels ...

Analysts have called for urgent fiscal adjustments as Nigeria’s $75 budget oil benchmark clashes with $60 global price.

Nigerians will be eagerly awaiting changes in petrol pump prices following the reduction in international crude oil prices ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

The Organization of Petroleum Exporting Countries (OPEC) has reported a decline in Nigeria’s oil production following its ...