NNPC: Oil Production Dips to 1.3mbd Over Vandalism The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said an average of 700,000...
Saudi Arabia Says It’s Open to Another OPEC Cuts Extension Saudi Arabian Energy Minister Khalid Al-Falih agreed with his Venezuelan, Kazakh and U.A.E. counterparts to keep...
Oil Rises to $55 as Hurricanes Damage Refineries Oil-markets on Friday saw Brent crude supported by Saudi Arabia hoping to cut October supplies, while United States...
Crude Oil Price Rises to Four-week High Oil futures extended a rise on fears of potential damage to the United States oil production from Hurricane Irma,...
Oil Jumps as Post-Harvey Refinery Revivals Trigger Demand Boost Crude advanced the most in six weeks as key refineries and pipelines resumed operation following hurricane-driven shutdowns,...
Oil Exemption: Nigeria, Libya Know Fate Soon Will Nigeria and Libya continue to enjoy their exemption from the oil production cut deal? Or, will the two...
OPEC Oil Output Slips on Renewed Libyan Outages The Organisation of the Petroleum Exporting Countries on Thursday announced that oil output had fallen by 170,000 barrels...
Angola Oil Minister Says Nation Needs Crude to Rebound to $60 Angola’s Petroleum Minister Jose Maria Botelho de Vasconcelos said it’s essential for the southern African...
Gasoline Extends Gains, Oil Slips as Harvey Set for Return Hit Gasoline rose for a seventh session while crude fell as traders braced for prolonged refinery...
OPEC Deal: Nigeria, Libya Expected at Next Meeting The joint ministerial monitoring committee for the Organisation of Petroleum Exporting Countries and non-OPEC oil producers participating in...