Just as the rising oil price is moving close to $80 on US crude inventory drop, Nigerian petroleum industry observers have predicted that sooner than later,...
Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth as well as from supply restrictions led by a group of producers around the...
Crude futures edged higher on Monday, January 22, buoyed by comments from Saudi Arabia that cooperation between oil producers who have cut production to boost prices...
Nigeria is said to have lost a whopping N30 trillion of export revenue to the crash in oil prices in the last two years. Executive Director,...
Oil prices, at the weekend saw a rebound after the United States announced sanctions related to Iran’s ballistic missile test, and on signs big oil producers...
Following the spate of attacks on oil and gas facilities in Nigeria, and flow disruptions in some countries that has led to a cut of 2.5...
The steady increase the prices of crude oil globally suffers a minor setback on Wednesday following a comment by the Russian Energy Minister, Alexander Novak casting...
Oil hit a 12 year low of $27.50 per barrel on January 20, when bearish sentiment gripped the world’s over-supplied markets. OPEC secretary-general Abdalla El-Badri said...
By BILL EMMOTT PRICE movements as large and rapid as those that have upended oil markets since June 2014 are sure to cause pain to some...
IN a bid to further to tackle oil gloat, some members of the Organisation of Petroleum Exporting Countries are planning a round table meeting with Non-OPEC...
