Oil tumbles 3% after IEA, OPEC see glut persisting
Oil prices settled down as much as 3 percent on Tuesday after…
Oil, stock markets in mayhem, as prices crash below $27 a barrel, lowest for 13 years
U.S. crude futures dropped three percent Thursday, driving prices below $27 for…
Shell to sack 10,000 workers as profits plunge by 80%
Royal Dutch Shell has confirmed it is cutting 10,000 jobs amid its…
Crude oil extends two-week slide on product glut worry
Crude prices edged lower on Monday, staying under pressure after two straight…
OPEC predicts higher demand for its oil in 2016
The Organisation of Petroleum Exporting Countries, OPEC on Monday predicted higher demand…
New AfDB chief, Nigeria’s Adesina, to focus on powering Africa
The new President of African Development Bank (AfDB), Dr Akinwumi Adesina, says…
Oil tops $60 for first time in 2015
Oil rose above $60 a barrel on Friday for the first time…
Nigeria’s economy is in reverse – Obasanjo
Former Nigerian president Olusegun Obasanjo has continued his spate of criticism of…