India Loses Spot as Nigeria’s Biggest Oil Buyer For the first time in at least two years, India’s monthly import of Nigerian crude oil has fallen...
Saudi Arabia Said to Reduce Oil Output to Lowest Since January Saudi Arabia pared its oil production last month to the lowest since January, staying below...
Libya Biggest Oil Field Said to Shut for 2nd Time in Two Weeks Libya’s biggest oil field was said to stop producing, just one week after...
Fitch: Crude Oil Prices to Average $52.50/b this Year Fitch Ratings has forecast that crude oil prices would average $52.50 per barrel this year, representing an...
Oil prices rallied on Friday after the United States launched a missile strike against Syria, sparking fears that an escalation of the conflict in the crude-rich...
Oil Production to Boost Nigeria’s Economic Recovery by 0.8% A significant increase in Nigeria’s crude oil production is expected to push economic recovery upward by 0.8...
Kuwait Is Best Off, Nigeria Worst in Fitch’s 2017 Oil Break-Even Kuwait’s in the best position of major oil exporting nations in the Middle East, Africa...
Flood of U.S. Oil to Asia Comforts Tanker Market Trashed by OPEC OPEC all but trashed the tanker market with its output cuts. That the damage...
US Import of Nigerian Oil hits 42-month High The increase in the United States’ imports of Nigerian crude oil has continued, with a record import of...
Oil Extends Gain as Stocks Struggle; Pound Climbs Crude extended its advance, standing out amid range-bound global markets as investors await the latest Fed minutes and...