The United States has reinstated its naval blockade on Iran after accusing Tehran of carrying out renewed attacks on commercial vessels transiting the Strait of Hormuz, a vital global shipping …
Nigeria’s crude oil production has climbed to its highest level in 74 months, surpassing the production quota allocated by the Organization of the Petroleum Exporting Countries (OPEC) in a significant …
A commercial oil tanker caught fire after being struck by a projectile while transiting the Strait of Hormuz, raising fresh concerns over maritime security in one of the world’s most …
Seven members of the OPEC+ alliance have agreed to modestly increase their monthly oil production as global crude prices continue to soften amid concerns over slowing demand and market uncertainty. …
Canadian Prime Minister Mark Carney is set to meet with David Eby in Vancouver today as discussions intensify over major infrastructure and economic development projects, while Alberta prepares to unveil …
The Organization of the Petroleum Exporting Countries (OPEC) has reaffirmed its outlook for strong global oil demand growth in 2026, dismissing concerns that ongoing geopolitical tensions in the Middle East …
