Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected ...

By Wendell Roelf CAPE TOWN, August 14 (Reuters) -Optimistic over Angola’s untapped gas potential, Azule Energy is considering ...

IEA: Global supply is set to surge while demand growth stays weak, with inventories potentially building at nearly 3 million ...

ASTANA – Kazakhstan produced an average of 1.827 million barrels of oil per day in July, down 36,000 barrels from June, ...

Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of "severe consequences" ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

Heirs Energies has announced plans to double its crude output by 2030 while pursuing expansion opportunities across Africa. This was ...

Traders anticipate potential easing of US sanctions on Russian energy, which could boost supply amid concerns over slowing ...

BofA said, however, Brent oil price could rebound above $70/bbl by the summer of 2026 due to a combination of easier global monetary policy, a weaker dollar, more disciplined OPEC+ production and ...

Oil prices fell to over two-month lows on Wednesday after bearish supply guidance from the U.S. government and the ...

Oil futures rebounded from two days of selling driven by bearish supply-demand outlooks from the EIA and the IEA, settling higher ahead of Friday's closely watched U.S.-Russia summit. U.S. natural gas ...