OPEC Cut, Resumed Militancy Pose Danger to Nigeria’s Oil Output Nigeria faces two serious developments likely to impact its oil production in the coming months, writes...
Oil Holds Advance Above $48 as Stockpiles Drop to Six-Month Low Oil held gains above $48 a barrel as government data showed U.S. crude stockpiles shrank...
No Plan to Exceed Output Target The Secretary-General, Organisation of Petroleum Exporting Countries (OPEC) Mohammad Barkindo said yesrterday that Nigeria has no intention of going beyond...
Crude Oil Price Rises By 3% as US Shale Shows Signs of Slowdown Crude oil price rose by around three per cent Tuesday, a day after...
Global Oil Demand Remains Healthy The Organization of Petroleum Exporting Countries, OPEC, meeting in St. Petersburg Russia has said global oil demand remains healthy on a...
It’s Premature for OPEC to Cap Libya, Nigeria Oil Output The market is on a recovery track due to rising global demand, Kuwait’s Organisation of the...
Goldman Sees Risk of Oil Below $40 Without OPEC ‘Shock and Awe’ OPEC needs to “shock and awe” the oil market for prices to gain, according...
Oil Price Rises to $47 as Producers Weigh Libya, Nigeria Output Caps Crude oil prices rose modestly Monday but rising drilling activity in the United States...
JMMC May Ask Nigeria, Libya to Cap Oil Output in Two Weeks The decision on whether to invite Libya and Nigeria to a meeting of the...
Oil Output Rises in Nigeria, Others More Than Offset Venezuela Drop A new report by the oil pricing group, Platts indicates that the crude oil production...