ExxonMobil CEO Darren Woods said there isn't much opportunity for the oil industry to increase production in the short term.

At this point, there are no signs indicating that OPEC+ is on the brink of collapse. The leading countries in OPEC+ show that ...

In its latest monthly report published on Tuesday, OPEC said world oil demand would rise by 1.82 million barrels per day (BPD) this year, down from 1.93 million bpd the cartel predicted in October; up ...

Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024.