Oil futures were lower after OPEC+ said it would raise output in September and as the market awaited clarity on U.S. threats of sanctions against Russia.

Market sentiment will also be shaped by the pace of Opec+’s supply unwinding beyond September. Should prices come under ...

Nigeria's crude oil production surged to 1.8 million barrels per day, mbpd, in July 2025 to surpass the Organisation of Petroleum Exporting Countries, ...

The biggest risers on the FTSE 100 were Lloyds Banking Group, up 6.4 pence at 82.2p, St James’s Place, up 55.5p at 1,353.5p, ...

China’s independent oil companies are ramping up operations in Iraq, investing billions of dollars in OPEC’s number two producer even as some global majors have scaled back from a market dominated by ...