Nigeria’s Active Oil Rigs Hit Three-year High From a record low of 23 in December 2016, the number of the nation’s active oil rigs rose to...
Oil Prices Near $70 on Lowering U.S Drilling Oil prices have been lifted by a drop in United States (U.S.) drilling activity as well as by...
‘Nigeria’s Oil Output, Others to Hit 12m bpd’ Daily oil production from African countries, including Nigeria, has been projected to reach 12 million barrels per day...
Oil Price Hits Three-week High as Glut Drops Global oil benchmark, Brent crude, rose to its highest level so far this month on Tuesday, as tension...
Nigerian Crude Oil Supply Weighs on Market Plentiful supplies of Nigerian crude weighed on the market on Wednesday, while Angola’s state oil company sold a Dalia...
Saudis Cut Asia Light Oil Pricing for First Time in Eight Months Saudi Arabia cut pricing for Arab Light crude to Asia for the first time...
Crude oil Declines on Rising U.S. Stockpiles Global crude oil prices declined on continuous rising U.S.crude inventories. U.S. crude stockpiles rose by 3.02 million barrels to...
Reduce Crude Production Cost, Total Urges Oil Producers Total Exploration and Production Nigeria Limited has charged producers of crude oil to work towards cutting down on...
Oil Holds Momentum That’s Driven by OPEC’s Promise to Re-Balance Oil headed toward its highest close in two weeks on investor optimism after OPEC’s secretary general...
Shale May Disrupt OPEC Strategy in 2018 – IEA The International Energy Agency (IEA) on Tuesday said the continuous rise of the U.S. shale production could...