Jeff Currie, Carlyle chief strategy officer of energy pathways, joins CNBC's 'Squawk on the Street' to discuss outlooks on ...

Crude oil storage demand on The Tank Tiger's platform has almost doubled from May to 3 million barrels for June, Barsamian ...

VIENNA, 5th April, 2017 (WAM) -- The price of OPEC's basket of thirteen crudes stood at US$50.59 a barrel on Tuesday, compared with $50.68 the previous day, according to OPEC Secretariat calculations.

The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...

While the United States is still expected to drive supply growth, OPEC expects total oil output to rise by about 300,000 bpd this year. Last month, it forecast growth of 400,000 bpd. OPEC left its ...

Nigeria is urging oil companies to collaborate and increase production as the country continues to fall short of its OPEC ...

OPEC’s Secretary General Haitham Al-Ghais said that the organization's outlook for the global oil market remains positive overall, despite recent econ ...

"Nigeria loses billions of dollars annually to crude oil theft. This is severely undermining our economy, weakening the Naira, and depriving the nation of vital revenue needed for infrastructure, ...