Brent Oil Rises To $40 Amid Hopes For Output Cuts, Recovery
Oil rose on Wednesday, with Brent at $40 for the first time…
Oil Prices Edge Down As Wary Traders Eye Upcoming OPEC+ Meeting
Oil prices edged down on Monday as traders took profits, with the…
Oil Prices Climb As U.S. Stock Drawdown Eases Supply Glut Fears
Oil prices advanced on Thursday as a drawdown of the U.S. crude…
Shell Cuts Dividend for First Time Since 1940s as Oil Demand Collapses
Royal Dutch Shell RDSa cuts its dividend for the first time…
Shell resumes Oil Export from Forcados Oil Export Terminal, lifts Force Majeure
The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Monday said…
OPEC+ Countries Agree on Output Reduction
Ministers of the OPEC+ countries agreed in a video conference on Sunday…
U.S-China Trade: Oil Rises after OPEC’s Barkindo says U.S. Shale Growth May Slow in 2020
Oil rose on Thursday after industry data showed a surprise drop in…
Court orders forfeiture of 154 tankers laden with illegally refined oil in Port Harcourt
A Federal High Court in Port Harcourt has ordered the forfeiture of…
Oil set for worst week in 6 months as crude stockpiles surge
Oil prices dropped on Thursday, extending falls from the previous session amid…
FLASH: Court dismisses $55m debt recovery suit against Agip Oil
Justice Mojisola Olatoregun of a Federal High Court in Lagos on Wednesday,…
Residents abscond their homes as Major pipeline explodes in Bayelsa
One of the main oil pipelines in Bayelsa has gone up in…
Oil hits 3-month high on OPEC cuts, U.S. sanctions on Iran, Venezuela
Oil prices rose to their highest levels since November 2018 on…
Oil prices fall as U.S. rig count rise, trade concerns
Oil prices fell by around 1 per cent on Monday as drilling…
Oil prices drop as China economic slowdown threatens to spread
Oil prices fell on Tuesday over signs that an economic slowdown in…
Oil prices slip as U.S. crude output nears 12 million bpd
Oil prices fell on Thursday as U.S. crude production neared an unprecedented…
Oil rises 1% on U.S., China trade talk optimism
Oil prices rose by around 1 per cent on Wednesday, extending gains…
Oil prices steady on trade talk hopes, OPEC cuts
Oil prices were stable on Tuesday, supported by hopes that talks in…
Femi Adesina Blasts ‘Ignorant’ Atiku over Budget Statements
An aide to the President, Femi Adesina, has attacked the People's Democratic…
Oil slips back toward 18-month lows on oversupply
Oil prices fell more than one per cent on Thursday after rebounding…
Oil prices steady as Sino-U.S. trade tensions ease
Oil prices steadied on Thursday, under pressure from high inventories but buoyed…
OPEC yet to agree final deal as Iran seeks exemptions -Sources
Iran appears to be the main obstacle for an OPEC oil output…
Oil falls amid stock market slide, but market eyes OPEC meeting
Oil prices fell along with weak stock markets on Thursday, but trading…
Oil prices fall on global growth concerns, U.S. supply glut
Oil fell on Wednesday as a swelling supply glut and signs of…
Russia plans to sign OPEC partnership deal – Energy Minister
Russia is planning to sign a partnership agreement with the Organisation of…
Macron, Trump to pressure oil producers
France President, Mr Emmanuel Macron, said on Wednesday that he and U.S.…
Abia NSCDC nabs 11 over alleged oil bunkering
The Abia command of the Nigerian Security and Civil Defence Corps (NSCDC)…
Pipeline explosion: Senate Committee tasks Abia Govt on right of way
Sen. Kabiru Marafa, the Chairman, Senate Joint Committee on Downstream Petroleum and…
Oil price rise, currency drop raise inflation threat in Ghana, says country’s Apex bank chief
The combination of rising oil prices and the fall in Ghana’s currency…
Oil rises on Iran sanctions, though U.S.-China trade war clouds outlook
Oil prices rose on Monday as markets were expected to tighten once…
Saudi Arabia has ‘no intention’ of 1973 oil embargo replay – TASS
Saudi Arabia has no intention of unleashing a 1973-style oil embargo on…