Oil prices steadied on Monday after a broad sell-off last week, as new European coronavirus lockdowns dimmed expectations of a quick economic recovery, but market players...
Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammed Sanusi Barkindo on behalf of his organisation and its members, addressed a congratulatory message to the...
Leading global oil trader, Vitol Group, record a strong profit of N3 billion for the 2020 financial year, according to Bloomberg’s report. The world’s largest independent...
Crude oil extended its decline to three consecutive days on Tuesday as data shows US crude oil inventories rose more than expected in the week ended...
The South African Department of Mineral Resources and Energy (DMRE) has announced the merger of Central Energy Fund (CEF) subsidiaries iGas, PetroSA and the Strategic Fuel...
Brent Crude Oil Rises to $71.34 Following Missile Attack on Saudi Largest Oil Facilities Brent crude, against which Nigerian oil is priced, jumped to $71.34 a...
Loud Blast Heard in Dhahran, Saudi Arabia’s Largest Crude Oil Production Site Two residents from the eastern city of Dhahran, Saudi Arabia, on Sunday said they...
Nigerian Oil Approaches $70 Per Barrel Following OPEC+ Production Cuts Extension Brent crude oil, against which Nigerian oil is priced, rose to $69 on Friday at...
Oil Jumps to $67.70 as OPEC+ Extends Production Cuts Brent crude oil, against which Nigerian oil is priced, rose to $67.70 per barrel on Thursday following...
Oil Prices Rise to $64.32 Amid Expected Output Extension Oil prices extended gains during the early hours of Thursday trading session amid the possibility that OPEC+...
