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...
OPEC Assures US Shale Won’t Distort Oil Market The President of the Organisation of Petroleum Exporting Countries (OPEC) and United Arab Emirates (UAE)’s Energy Minister, Suhail...
Oil Price Slips Below $65/bbl Oil price continued its fall for a fifth day as surging U.S. output and a rising dollar sent crude to its...
Rising US Shale to Keep Oil Prices Below $70 Oil prices would likely be below $70 per barrel this year, as the growing United States onshore...
Nigeria’s Oil Production Surges on Bonga Reopening Crude oil production is gradually increasing following the reopening of Bonga crude pipeline that was shut down briefly in...
Nigeria, Saudi Record Biggest Increase in Oil Output Crude oil production in Nigeria rose by 88,700 barrels per day last month, the second biggest increase among...
Increased Shale Production Threatens Oil Price Ramp, OPEC Cuts The rising oil price has not only brought market stability to the global oil industry but joy...
OPEC Will Try to Talk Prices Down If Oil Tops $70, Goldman Says OPEC would try to talk down an oil rally above $70 a barrel...