Fresh Trouble for Nigeria as Oil Price Plunges The international oil benchmark, Brent crude, has fallen to its lowest level this year and below the proposed...
Oil Prices Drop to One Year Low on Rising Global Supply Global oil prices plunged to their lowest levels in a year after Saudi Energy Minister...
Oil Hits Lowest in a Year, Even as OPEC Considers Output Cut Oil fell to its lowest level in more than a year on Friday on...
Oil Falls on Rising U.S. Inventories Oil prices fell on Thursday after U.S. crude inventories swelled to their highest level since December adding to concerns about...
Crude Oil Slumps on Supply Concerns after Four Days of Gains Crude oil prices dropped yesterday ending a four-day winning streak amid concerns about the rising...
Oil Markets Heading into Unprecedented Uncertainty: IEA’s Birol Oil markets are entering an unprecedented period of uncertainty due to geopolitical instability and a fragile global economy,...
Rouhani says Iran to Continue Oil Exports and Resist U.S. Economic War Iran will continue to export oil despite U.S. sanctions, which are part of a...
Russia, OPEC to Sign Partnership Deal Russia is planning to sign a partnership agreement with Organisation of Petroleum Exporting Countries (OPEC), Energy Minister Alexander Novak said...
Petrol Subsidy Rises as NNPC Increases Imports by 34% The Nigerian National Petroleum Corporation has spent more on petrol subsidy this year than it did last...
Concerns as Nigeria Fails to Attract Big Oil Investments While other African oil-producing countries are gearing up to attract investments, regulatory uncertainty in Nigeria’s oil and...