The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate ...

Engr Komolafe, CEO NUPRCABUJA – Federal Government on Friday declared the official national petroleum reserves as of January 1, 2025 stating that the total crude oil and condensate reserves stand at ...

U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...

Commodities analysts estimate that U.S. crude needs to stay above $65 per barrel to keep shale producers in business.

At 442.3 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year ...

The U.S. Department of the Interior has announced a significant increase of 1.3 billion barrels of oil equivalent in ...

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials ...