Oil Output Has Increased Despite Militancy Despite calculated attacks by some militants, Nigeria’s oil production has increased from a daily average of 1,570,852 barrels per day...
Oil halted gains on speculation supply from Nigeria and Libya may rise as conflicts within both OPEC members ease, sustaining a global glut. Futures were little...
Crude oil production from Nigeria dropped the most in August among its peers in the Organisation of Petroleum Exporting Countries, paring the gain it recorded in...
Crude oil prices on Tuesday surged about four per cent after the United States inventory data showed a drop in stocks to nearly a two-decade low...
Oil gained as Saudi Arabia prepared to make a “significant” announcement following discussions with Russia over promoting market stability. Futures gained as much as 4.3 percent...
Crude Export Crude oil export from Nigeria is expected to increase by about 380,000 barrels per day in the next few days, following the expected return...
Oil extended its retreat from a seven-week high and Asian energy shares declined, while the dollar weakened versus major peers as traders weighed prospects for a...
Oil prices fell nearly 3 percent on Monday as China ramped up exports of refined products, U.S. oil producers added rigs for an eighth consecutive week,...
Global oil benchmark, Brent crude, hit an eight-week high on Thursday as the world’s biggest producers prepared to discuss a possible freeze in production levels. Brent,...
European shares rose for the first time in a week and emerging markets advanced as a gauge of commodities climbed for the sixth straight day and...