Oil rebounds towards $57 as weaker dollar overshadows China slowdown
Brent crude reversed early losses to trade back towards $57 a barrel…
Oil slips close to $55 as Saudi output rises to near record
Oil prices declined on Monday, holding near $55 a barrel after Saudi…
Oil hits five-and-a-half-year lows on supply glut
Oil prices dropped to fresh 5-1/2-year lows on Monday as worries about…
Oil falls below $57, heads for biggest annual drop since 2008
Oil dropped below $57 a barrel on Wednesday and was heading for…
Shipowners’ forum advocates new mode of sale of crude oil
The Nigerian Indigenous Shipowners Association (NISA) has urged the Federal Government to…
Nigeria’s oil demand to hit 12-year low – OPEC
The demand for Nigeria’s oil will touch its 12-year lowest in 2015,…
Lower oil prices positive for global economy – IMF
The Managing Director of International Monetary Fund, IMF, Christine Lagarde has said…
OPEC elects Alison-Madueke first female president
The Minister of Petroleum Resources, Diezani Alison-Madueke, has been elected the first…
OPEC mourns Lukman’s death
The Organisation of Petroleum Exporting Countries, OPEC, on Monday condoled with the…
Rilwanu Lukman, former petroleum minister is dead
Former petroleum minister and one time OPEC president, Rilwanu Lukman is dead.…