The Central Bank of Nigeria has revealed that concerns are mounting up over the number of oil theft cases across the country and how it affects...
Not only will addiction to fossil fuels drive the world’s “mutually assured destruction,” it could also hit your investment portfolio, warns the CEO of one of...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It’s been quite a flat start to the week in equity markets, with Europe posting marginal...
EU Considers Imposing Sanctions on Russian Crude Oil.
Crude oil extended its decline on Tuesday as Russia reportedly show it favour Iran nuclear deal resuming as soon as possible.
The Nigerian Agip Oil Company (NAOC) had on Monday, 14th March, declared a Force Majeure on expected oil output at its Brass terminal in Yenagoa. This...
Global oil prices extended their declines on Monday, largely on the back of diplomatic efforts to end the ongoing war in Ukraine. Sources from the two...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA European markets have made significant losses again on Thursday, as risk appetite reversed following unsuccessful talks...
The global Oil Market has become stretched to a point where only a few oil producers are giving their best to replace Russia’s heavy supply that...
Rivers Governor Nyesom Wike has declared war on the rampant oil theft and illegal refining leading to billions in lost revenues for Nigeria and contributing disastrous...