Tag: oil
Oil gains amid U.S-China trade deal hopes
Oil prices extended gains into a second session on Wednesday, buoyed by rekindled hopes for a U.S.-China trade deal and…
Oil slips to $71, hit by talk of higher OPEC production
Brent oil slipped to around 71 dollars a barrel on Tuesday, pressured by expectations of higher U.S. inventories and concern…
Oil pauses; focus on future supply direction
Oil prices nudged lower on Monday after international benchmark Brent hit a fresh five-month high in the previous session, with…
Oil hovers below 2019 highs amid OPEC supply cuts, U.S. sanctions
Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC and…
Oil slips on economic slowdown
Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly…
Oil prices rise on OPEC-led supply cuts
Oil prices rose on Monday, lifted by comments from Saudi oil minister Khalid al-Falih that an end to OPEC-led supply…
Oil edges up amid OPEC cuts
Oil edged up on Thursday amid ongoing OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, although prices…
Oil ticks over near 2019 highs amid OPEC cuts
Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and…
Financial flow from oil, gas sector reduces to $17.05 in 2016 – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) says that total financial flows from Nigeria’s oil and gas sector reduced to…
Oil slumps to lowest price in a year as stock markets sink
Oil prices fell more than four per cent on Thursday, hitting their lowest in more than a year on worries…
Audio: Phyno Releases ”Oil”
Watch the audio for Phyno's latest single ''Oil''. This one is produced by Soularge.
Oil rises above $63 after slide
Oil bounced above 63 million a barrel on Wednesday to claw back some of the previous day’s six per cent…
Oil rises for a fourth day, buoyed by OPEC supply plans
Oil rose for a fourth session in a row on Monday buoyed by the prospect that top exporter Saudi Arabia…
USA now world’s biggest crude oil producer
The United States is now the world’s biggest crude oil producer, pushing Russia and Saudi Arabia to the back seat.
Equatorial Guinea’s energy sector gets $2.4bn boost
Equatorial Guinea’s energy industry has secured $2.4 billion of new investment from U.S. firms with 11 wells expected to be…