Oil prices fall as OPEC+ production increases, while natural gas tests key support at $2.72. Can markets regain momentum amid ...
Oil prices remained steady on Friday but are set to close the week with nearly 8% gains as investors weigh the impact of rising geopolitical tensions on global supply. Concerns over potential ...
The federal government has said it is targeting about 4 million barrels per day oil production and 10bcf of gas output by ...
Nigeria aims to hit 4 million barrels of oil production per day by 2030, hoping to attract $5-10bn in investments.
Crude oil prices drop on Saudi production increase reports, Libya stability, and mixed economic stimulus impact in China, ...
One of the overlooked factors in investigating the climate crisis is how it is impacted by war and conflict. But new remote ...
Libya's economy relies heavily on its upstream oil and gas sector, which holds Africa's largest proven oil reserves – over 48 billion barrels – and substantial natural gas reserves. To stabilize and ...
Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.
In my last article, I mentioned that natural gas was marking a seven-week high, mainly fueled by the situation in the Middle East. Also, I mentioned that the contract is in recovery mode from the lows ...
Despite the short-lived recovery in oil prices, analysts warn that the response from oil shorts remains strong, with bearish sentiment prevailing and many traders still aggressively shorting oil based ...
As Libya struggles with deep-seated issues of state capture ... In 2023, the country earned $33.6 billion from the export of oil, natural gas and condensate. This could go up to $50 billion/yr. But ...
Crude oil futures turned lower on Wednesday following reports that Libya made progress toward solving a standoff over the central bank leadership that has kept much of its oil production shut in.