OPEC’s Conformity to Voluntary Production Cut Reaches 116% The conformity level of members of the Organisation of the Petroleum Exporting Countries (OPEC), and non-OPEC in respect...
The import of Nigeria’s crude oil by the United States increased by 32.1 percent to 52.36 million barrels in the first half of this year, compared...
Brent Crude Oil Jumps to 26-Month High as Kurds Holds Referendum Brent crude oil on Monday rose to a 26-month high after Turkey threatened to block...
Iran Says OPEC Must Address Rising Libya, Nigeria Oil Output OPEC’s commitment to cutting production to clear a global glut is working, but the group needs...
Oil Price Rises to $57 Per Barrel Oil prices rose on Wednesday in spite of a rise in US crude inventories with the market heading for...
Oil Tarries Around $50 as Bearish U.S. Crude Supply Report Looms Oil hovered around $50 a barrel as traders awaited weekly storage data that may show...
Global Oil Prices Move Close to $56 Oil prices moved close to $56 yesterday, remaining near multi-month highs reached late last week. The number of United...
Kachikwu: $100 Oil Impossible in 2018 The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said it would not be possible for the price...
Oil Still Accounts for 92% of Nigeria’s Earnings Despite the efforts of the Federal Government to diversify the economy away from oil to non-oil sector, receipts...
Big Oil Becomes Greener With Cuts to Greenhouse Gas Pollution It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may...