The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B.V. and Qatar Energy – have announced the discovery of sizeable quantities of...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It’s been a relatively timid start to the week which is perhaps not overly surprising given...
Global oil prices pulled back from their record highs on Monday as concerns over tight supplies wane on the back of continuous progress in the U.S-Iran...
A floating, production, storage and offloading (FPSO) crude oil station, Trinity Spirit owned by Nigeria’s Shebah Exploration & Production Company Ltd (SEPCOL) exploded with 10 crew...
Nigeria’s revenue is set to receive a boost as the international oil benchmark, Brent crude oil price skyrocketed on Friday evening. Investors King reports that Brent...
The Organisation of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+ has reviewed its production for the month of March 2022 to 41,294,000 barrels per...
Uncertainty over global oil supply amid Russia-Ukraine tension continued to support oil prices as Brent crude oil rose to $91.23 a barrel on Monday during the...
Oil prices dropped on the back of growing concerns over the possibility of the US Federal Reserve raising interest rates and the surge in dollar value...
Brent crude oil extended gains above $86.16 per barrel on Monday as global oil investors are projecting that supply will remain tight despite the surge in...
The increase in Omicron variant cases has cast doubt on demand for crude oil in the near-term and trimmed gains recorded earlier in the week on...
