The Nigerian National Petroleum Company Limited (NNPC) has lowered its petrol prices in Abuja by N35 from N945 per litre ...

As the 900-mile East African Crude Oil Pipeline project takes shape in Uganda, there is the promise of economic benefit. But ...

Oil futures are higher as the market takes a sanguine view of the OPEC+ decision to raise its output target by 548,000 barrels a day in August, equivalent to four monthly increments. “The quick and ...

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.