Current situation in global oil market ‘totally unacceptable’ – Buhari tells OPEC
President Muhammadu Buhari on Sunday in Doha emphasised the need for member…
Nigeria, Saudi agree to freeze production to stabilise oil market
Nigerian and Saudi leaders have agreed to freeze oil production to stabilize…
Oil dips below $30 for first time in 12 years
Oil fell briefly below $30 a barrel on Tuesday, extending a relentless…
Oil dives below $35, lowest in 11 years, as U.S. supply swells
Crude oil prices plunged six percent on Wednesday, diving below $35 per…
Saudi Arabia/Iran diplomatic row pushes up crude oil prices
Oil prices rose Monday on Middle East supply risks after Saudi Arabia…
IMF predicts oil price slump to $20 in 2016
The International Monetary Fund (IMF) has said that crude oil prices may…
Nigeria, Angola to tackle falling oil price
Nigeria and Angola have agreed to cooperate and as well reach out…
FG to privatise pipelines network – Kachikwu
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that…
OPEC predicts higher demand for its oil in 2016
The Organisation of Petroleum Exporting Countries, OPEC on Monday predicted higher demand…
Saudi Arabia crude exports fall to five-month low
Saudi Arabia’s crude oil exports slumped to a five-month low in May…