Oil Rises as Market Doubts Saudi Ability to Restore Output Soon Following drone attacks on Saudi Arabia’s largest crude oil processing plant this month, the Kingdom...
Cost of Imported Goods to Surge in 2020 Costs of imported goods are expected to surge next year as the United Nations shipping agency, International Maritime...
Nigeria’s Oil Production to Increase by 35000bpd Following the resolution of the dispute between Shell Petroleum Development Company, Belema Oil and host communities on OML 25...
Oil Prices Fall on Saudi Arabia Reassurance Following Saturday’s drone attacks on Saudi Arabia’s largest crude oil processing plant that erased 5 percent of global crude...
Oil Prices Jump Most on Monday After Saudi Attacks Oil prices jumped the most on record following Saudi Arabia attacks that erased over 5 million barrels...
Saudi’s Biggest Oil Plant on Fire, Attacked by 10 Drones Abqaiq plant, Saudi Arabia’s largest crude oil processing plant, was attacked by ten drones in the...
Oil Falls as OPEC Lowers 2020 Demand Global oil prices continue to decline amid waning demand following the Organization of the Petroleum Exporting Countries reassessment of...
Nigeria to Cut Crude Oil Production After months of producing above its cap limit, Nigeria has agreed to finally cap crude oil production in accordance with...
Nigeria Continues to Pump More Oil, Pumps 2.2mbpd in August Nigeria’s crude oil production rose to 2.2 million barrels per day (mbpd) in the month of...
Oil Prices Rise Amid Projected Cuts Global oil prices rose on Monday as investors predicted that Saudi Arabia, the world’s largest oil exporter, will lower output...