Oil Prices Gain Slightly After US Sanctions Venezuela Oil prices pared losses on Tuesday after Washington imposed sanctions on Venezuelan State-owned oil company, PDVSA. Brent crude,...
Oil Climbs as Venezuelan Unrest Shoves Aside U.S. Supply Surge Oil climbed as growing instability in Venezuela outweighed fresh reminders of the American shale boom. Futures...
Oil Slides as Economic and Supply Fears Offset Venezuela Risk Oil fell as a darkening outlook for the global economy offset the risk of American sanctions...
Nigeria’s Production Rises Most Among OPEC in December Nigeria’s crude oil production rose the most among the Organisation of Petroleum Exporting Countries in December. OPEC, in...
Oil Price Falls on Growing Concerns Over China Global oil price dropped on Tuesday after data showed slowing growth in China, the world’s largest importer of...
Total Urges Nigeria to Issue Exploration Licences The Chief Executive Officer of Total, Patrick Pouyanne, has called on Nigeria to issue new exploration licences, saying the...
‘India, Spain, France Bought Oil Worth N1.787tn from Nigeria in 2018’ The Nigeria Natural Resource Charter (NNRC), which is part of a global initiative designed to...
Oil Licensing: Nigeria Lags as Angola, Others Move Ahead Stakeholders in the nation’s oil and gas industry are still left guessing about when a major licensing...
Oil Marketers Are Making Losses, Closing Shop —MOMAN The Major Oil Marketers Association of Nigeria has said most oil marketing companies in the country are running...
Oil Prices Fall on Chinese Weak Data Global oil prices declined on Monday following weaker than expected Chinese economic data. Data showed import and export declined...