Tag: global oil market
Nigeria Exceeds OPEC Oil Production Quota for Fifth Straight Month
Nigeria produced an average of 1.53 million barrels of crude oil daily in September 2026, exceeding its OPEC allocation by 2 percent as improved...
Iran and U.S. Attack Tankers as Strait of Hormuz Conflict Escalates
Iran and the United States have sharply escalated their confrontation around the Strait of Hormuz, trading attacks on oil tankers and military targets in...
Oil Prices Rise as Iran Uncertainty Keeps Strait of Hormuz in...
LONDON — Oil prices rose Monday as uncertainty over the reopening of the Strait of Hormuz renewed concerns about global energy supplies, with Iran...
