Oil Prices Gain on Production Cuts Oil prices closed higher on Wednesday following a report that oil production from the Organization of Petroleum Exporting Countries dropped...
Iran Sanctions: U.S Expects to Extend Waiver, Says Turkish Minister Turkish Trade Minister Ruhsar Pekcan expects the U.S. to extend sanctions waiver on Iranian oil import....
Crude Oil Rallies On Trade Talks Global crude oil rebounded from an almost two-year low on Wednesday following a report that U.S delegates will be meeting with...
Crude Oil Falls Despite OPEC Assurance Global oil prices fell on Monday despite the Organisation for Petroleum Exporting Countries (OPEC) saying it will do whatever it...
OPEC to Prop Up Oil Price by all Means Top producers in the Organisation of the Petroleum Exporting Countries (OPEC) are already looking at the possibility...
Oil Revenue Plunged by $51.39bn – NEITI The total financial flows from Nigeria’s oil and gas sector slumped to $17.05bn in 2016, a 31 per cent...
OPEC to Cut Nigeria’s Oil Output by 3% in 2019 The Organisation of Petroleum Exporting Countries, OPEC, is expected to cap Nigerian oil production at 1.685...
Shell’s Bonga Produces 800 Million Barrels of Oil Shell Nigeria Exploration and Production Company said on Monday that its Bonga vessel has produced over 800 million...
Nigeria’s Crude Production to Drop by 43,775 Barrels Next Year Nigeria’s crude oil production would drop to 43,775 barrels per day, following the decision by the...
DAPPMAN Suspends Depot Closure, Gives FG Five-day Grace The Depot and Petroleum Products Marketers Association of Nigeria has suspended its earlier directive to shut down depots...