Tag: Oil

Oil Prices Climb As U.S. Stock Drawdown Eases Supply Glut Fears

Oil prices advanced on Thursday as a drawdown of the U.S. crude

Shell Cuts Dividend for First Time Since 1940s as Oil Demand Collapses

  Royal Dutch Shell RDSa cuts its dividend for the first time

Shell resumes Oil Export from Forcados Oil Export Terminal, lifts Force Majeure

The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Monday said

OPEC+ Countries Agree on Output Reduction

Ministers of the OPEC+ countries agreed in a video conference on Sunday

U.S-China Trade: Oil Rises after OPEC’s Barkindo says U.S. Shale Growth May Slow in 2020

 Oil rose on Thursday after industry data showed a surprise drop in

Court orders forfeiture of 154 tankers laden with illegally refined oil in Port Harcourt

A Federal High Court in Port Harcourt has ordered the forfeiture of

Oil set for worst week in 6 months as crude stockpiles surge

Oil prices dropped on Thursday, extending falls from the previous session amid

FLASH: Court dismisses $55m debt recovery suit against Agip Oil

Justice Mojisola Olatoregun of a Federal High Court in Lagos on Wednesday,

Residents abscond their homes as Major pipeline explodes in Bayelsa

One of the main oil pipelines in Bayelsa has gone up in

Oil hits 3-month high on OPEC cuts, U.S. sanctions on Iran, Venezuela

  Oil prices rose to their highest levels since November 2018 on

Oil prices fall as U.S. rig count rise, trade concerns

Oil prices fell by around 1 per cent on Monday as drilling

Oil prices drop as China economic slowdown threatens to spread

Oil prices fell on Tuesday over signs that an economic slowdown in

Oil prices slip as U.S. crude output nears 12 million bpd

Oil prices fell on Thursday as U.S. crude production neared an unprecedented

Oil rises 1% on U.S., China trade talk optimism

Oil prices rose by around 1 per cent on Wednesday, extending gains

Oil prices steady on trade talk hopes, OPEC cuts

Oil prices were stable on Tuesday, supported by hopes that talks in

Femi Adesina Blasts ‘Ignorant’ Atiku over Budget Statements

An aide to the President, Femi Adesina, has attacked the People's Democratic

Oil slips back toward 18-month lows on oversupply

Oil prices fell more than one per cent on Thursday after rebounding

Oil prices steady as Sino-U.S. trade tensions ease

Oil prices steadied on Thursday, under pressure from high inventories but buoyed

OPEC yet to agree final deal as Iran seeks exemptions -Sources

Iran appears to be the main obstacle for an OPEC oil output

Oil falls amid stock market slide, but market eyes OPEC meeting

Oil prices fell along with weak stock markets on Thursday, but trading

Oil prices fall on global growth concerns, U.S. supply glut

Oil fell on Wednesday as a swelling supply glut and signs of

Russia plans to sign OPEC partnership deal – Energy Minister

Russia is planning to sign a partnership agreement with the Organisation of

Macron, Trump to pressure oil producers

France President, Mr Emmanuel Macron, said on Wednesday that he and U.S.

Abia NSCDC nabs 11 over alleged oil bunkering

The Abia command of the Nigerian Security and Civil Defence Corps (NSCDC)

Pipeline explosion: Senate Committee tasks Abia Govt on right of way

Sen. Kabiru Marafa, the Chairman, Senate Joint Committee on Downstream Petroleum and

Oil price rise, currency drop raise inflation threat in Ghana, says country’s Apex bank chief

The combination of rising oil prices and the fall in Ghana’s currency

Oil rises on Iran sanctions, though U.S.-China trade war clouds outlook

Oil prices rose on Monday as markets were expected to tighten once

Saudi Arabia has ‘no intention’ of 1973 oil embargo replay – TASS

Saudi Arabia has no intention of unleashing a 1973-style oil embargo on

Oil slips below $80 on rising U.S. stockpiles

Oil slipped below $80 a barrel on Thursday as the fourth weekly

Don’t mention oil price – U.S. legal threat prompts change at OPEC

OPEC have urged its member nations, not to mention oil prices when