Oil Prices Jump on Rate Decision Oil prices rose on Wednesday as the world awaits the U.S. Federal Reserve position on interest rates this week (today)....
China to Export Petrol to Nigeria, Mexico The world’s largest importer of crude oil will start exporting petrol to Nigeria and Mexico as local demand declined...
Submit Production Data or Lose Export Permits, FG Warns Oil Firms The Federal Government, through the Department of Petroleum Resources, has said oil companies that fail...
US-Iran Possible Talk Plunged Oil Prices by 4 percent Rising oil prices plunged by 4 percent on Tuesday as Iranian foreign minister Javad Zarif said Iran...
Oil Price Jumps 4% as Producers Shut Down Rigs Ahead of Storm Global oil prices rose 3 percent on Tuesday as U.S producers began shutting down...
NNPC’s Claims of N305 to $1 a Ruse, Says MOMAN The Major Oil Marketers Association of Nigeria (MOMAN) has denied claims that marketers are getting foreign...
Mark Nigerian Crude to End Theft, NOSDRA Tells FG The National Oil Spill Detection and Response Agency on Tuesday declared that crude oil theft in Nigeria...
Nigeria’s Oil Sector on Two Decades of Decline Contrary to popular belief that the Nigerian oil sector has been aiding Nigeria’s growth over the years, available...
Oil Prices Close Lower on Monday Global uncertainty continues to dictate the direction of global oil prices despite OPEC extending production cuts into 2020. Brent crude...
Seized Iranian Oil Supertanker Fully Loaded The government of the British territory, Gibraltar, on Monday said the seized Iranian supertanker, Grace 1, was fully loaded with...