OPEC Ripping off Consumers, Says Trump US President Donald Trump has criticised the Organisation of Petroleum Exporting Countries (OPEC) and its members for taking undue advantage...
Oil Sustains Rally on U.S-Iran Sanctions Crude oil sustained its four-year high on Tuesday, boosted by possible U.S. sanctions on Iranian exports and the refusal of...
Oil Prices Jump to 4 Year High on Trump/OPEC Comments Global oil prices rose to a record high on Monday following the refusal of OPEC to...
Oil Dips as China-U.S Trade Tensions Deepen Oil prices edged lower yesterday as investors focused on deepening trade tension between the United States (U.S.) and China...
India Imports Less Nigerian Oil in August India, one of Nigeria’s largest crude oil importers, imported less Nigerian crude oil in August, according to Reuters report...
US-Iran Disagreements, US Crude Inventories Pushes Crude Oil to $79 Oil price rose above $79 a barrel on Wednesday after a report of declines in U.S....
Oil Reserve Crisis Looms Over Delay of Blocks The delay in the award of new oil blocks and uncertainties over existing marginal oilfields are upsetting industry...
Oil up as U.S. Drilling Stalls, Iranian Sanctions Bite Oil prices rose on Monday as U.S. drilling stalled and investors anticipated lower supply once new U.S....
OPEC, Others to Discuss Oil Output Increase Sharing A technical committee consisting of the Organisation of Petroleum Exporting Countries and non-OPEC producers will discuss proposals for...
Saudi Arabia Plots to Push Oil Prices to $80 Despite pressure from the United States (U.S) to keep prices in check, Saudi Arabia is desperately attempting...