The food crisis was largely a result of the sharp hike in the price of crude oil in 1973, as a consequence of the combined actions taken by the Organization of Petroleum Exporting Countries or OPEC.

Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...

Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...

What Happened? A development with far-reaching consequences for the secondary market, on January 10, 2025, the Maryland Office of ...

OPEC's share of India's oil imports rose for the first time in nine years, signaling a shift in the country's sourcing ...

The World Bank has projected 3.6 per cent average economic growth for the Nigerian economy between 2025 and 2026 following ongoing reforms by the Federal Government. The global bank stated this in its ...

HOUSTON (Reuters) -Oil prices settled lower on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the ...

OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier ...

The World Bank yesterday projected 3.6 per cent average economic growth  for the Nigerian economy between 2025 and 2026, ...

The Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri yesterday assured oil and gas players of sustained collaboration. But he clarified that market forces would continue to determine ...

Geopolitics and the foreign and trade policy choices of the new U.S. administration will impact the world order and economy, ...

Helima Croft, global head of commodity strategy at RBC Capital Markets, and Fred Kempe, president and CEO of Atlantic Council ...