Global Oil Falls For Third Week Global oil prices plunged for a third week as shale and OPEC production continued to surge amid global oil glut....
Nigeria’s Forcados Oil Comes Back in Fresh Blow to OPEC Curbs Royal Dutch Shell Plc lifted restrictions on exports of a key Nigerian crude oil, 472...
Nigeria Earns $592.34 Billion From Oil, Gas in 15 Years The Federal Government earned about $592.34 billion from the oil and gas sector from 1999 to...
OPEC’s LNG Giant Keeps Exporting Gas and Oil as Saudis Cut Ties Qatar, the world’s biggest seller of liquefied natural gas, can still access shipping routes...
Iraq’s Crude Exports Hit 2017 High Before OPEC Cuts Extension Oil tankers shipped the most crude from Iraq in six months in May, when OPEC’s second-biggest...
Too Early for Nigeria to Cut Oil Output –Barkindo The Secretary-General of the Organisation of Petroleum Exporting Countries, Dr. Mohammed Barkindo, has said it is too...
Oil Prices Fall on Oversupply Worries Despite OPEC Deal Oil prices fell more than one per cent on Tuesday amid signs of a resurgence in Libya’s...
Oil Price Flat in Subdued Trade at $52 Oil prices were flat, yesterday but remained on an unstable footing as increase in United States, U.S. drilling...
Global refiners have announced new refinery additions or expansions to existing operations from 2017 to 2021 that would add nearly 7 million barrels per day, bpd,...
Oil Trades Below $50 as Rising U.S. Drilling Dampens OPEC’s Cuts Oil traded below $50 a barrel as a boost in U.S. drilling activity threatens OPEC’s...