Tight Global Supply Pushes Oil to 5-month High on Tuesday Oil price sustained its bullish run on Tuesday following a report of violence in Libya, one of...
Oil Firm on Strong Economic Data, Supply Risks Oil prices shot up nearly one per cent on Friday on bullish United States (U.S.) employment data that...
Concerns as 211 Nigerian Oil Blocks Remain Idle More than 50 percent of Nigeria’s oil and gas blocks remain untapped even as crude oil production continues...
Switzerland to Sue Nigeria Over 2018 Oil Tanker Seizure Authorities in Switzerland have begun planning legal action against the Nigerian government for seizing and detaining a...
Major Oil Marketers Aim to Reduce Supply Chain Costs The Major Oil Marketers Association of Nigeria has said it will optimise and reduce supply chain costs...
Crude Oil Hits 2019 High On Wednesday Oil prices rose to a 2019 high on Wednesday following a report of an additional sanction on Iran and...
Crude Oil Rallies After China Positive PMI Global oil prices rose on Monday after data showed Chinese economy is gradually stabilizing. Brent crude, against which Nigerian...
Crude Oil Price Remains Steady at About $67 Despite U.S. crude inventories rising by 1.93 million barrels last week, crude oil price remained steady. Brent crude...
Nigeria, Three Others Nominated for OPEC+ Committee Nigeria, Iraq, Kazakhstan and the United Arab Emirates (UAE) have been nominated as members of the Joint Ministerial Monitoring...
Global Oil Exploration Spend Increases Expenditure on oil and gas exploration and production (E&P) rose by eight per cent between 2017 and 2018, when the global...