Oil Prices Fall to 7-day Low on US Shale Output Surge Crude oil prices fell on Tuesday, hitting their lowest in 7 days as a United...
Saudi Oil Exports Drop to 2015 Low as Kingdom Sticks to Cuts Saudi Arabia, the world’s largest crude shipper, trimmed exports to a 21-month low in...
Crude Slips Below $53 as U.S. Drilling Surge Stokes Output Fears Oil declined below $53 a barrel as the U.S. continued to ramp-up drilling, stoking fears...
India Loses Spot as Nigeria’s Biggest Oil Buyer For the first time in at least two years, India’s monthly import of Nigerian crude oil has fallen...
Saudi Arabia Said to Reduce Oil Output to Lowest Since January Saudi Arabia pared its oil production last month to the lowest since January, staying below...
Libya Biggest Oil Field Said to Shut for 2nd Time in Two Weeks Libya’s biggest oil field was said to stop producing, just one week after...
Fitch: Crude Oil Prices to Average $52.50/b this Year Fitch Ratings has forecast that crude oil prices would average $52.50 per barrel this year, representing an...
Oil prices rallied on Friday after the United States launched a missile strike against Syria, sparking fears that an escalation of the conflict in the crude-rich...
Oil Production to Boost Nigeria’s Economic Recovery by 0.8% A significant increase in Nigeria’s crude oil production is expected to push economic recovery upward by 0.8...
Kuwait Is Best Off, Nigeria Worst in Fitch’s 2017 Oil Break-Even Kuwait’s in the best position of major oil exporting nations in the Middle East, Africa...