Oil prices rise toward $57 ahead OPEC meeting
Oil prices were largely up on Thursday, as traders waited to see whether oil- producing countries set to meet in ...
Tag: oil
Oil rises to $56 on rising refinery demand, falling U.S. rig count
Oil markets were firm on Monday and remained near multi-month highs reached late last week as the number of U.S. ...
Oil prices rise toward $56
Oil prices were lower on Friday but on course for weekly gains, the third in a row in the case ...
Oil rises to $56
The U.S. dollar won a reprieve from risk aversion on Monday after North Korean Kim Jong Un held a party ...
Oil prices rise as storm threatens production
Oil prices rose on Wednesday after U.S. crude inventories declined for the eighth straight week and a storm approached the ...
Oil rises toward $53 a barrel
Oil rose toward $53 a barrel on Wednesday ahead of a U.S. inventory report expected to show crude stocks dropped ...
Oil rises as tighter U.S. market outweighs OPEC supply
Oil prices rose on Thursday lifted by signs of a tightening U.S. market although high crude supplies from producer club, ...
NNPC, Chevron, Shell sign agreements to boost FG’s revenue by $16bn
The Nigerian National Petroleum Corporation (NNPC) has signed two Joint Venture (JV) alternatives financing agreements with its Joint JV partners ...
Kachikwu: Oil lifespan will expire in 25 years, says ‘investors go to other African countries because of Nigeria’s insecurity’
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has warned that Nigeria must make an urgent decision “for our ...
Oil price hits two-month high of $53
Oil prices hit a two-month high on Monday lifted by a tightening US crude market and the threat of sanctions ...
Petroleum marketers urge FG to settle $2bn outstanding subsidy claims
The Depot and Petroleum Products Marketers Association (DAPPMA) has urged the Federal Government to pay the outstanding debts of $2 billion ...
Nigeria to maintain crude output as OPEC extends crude cut
Nigeria will maintain it’s output of 2.2 million barrels per day, according to the outcome of the Organisation of Petroleum ...
Oil rises above $52 as Saudi, Russia back further output cut
Saudi Arabia and Russia, the world’s top two oil producers, agreed on Monday on the need to extend output cuts ...
Oil prices rise on expectations of output cut extension
Oil prices rose on Monday on a growing conviction that an OPEC-led production cut initially scheduled to end in June ...
Nigeria loses N780bn to illegal activities of oil thieves daily
Nigeria is losing about N780 billion daily to the illegal activities of oil thieves in the country, a don has ...
Cash Call debts: FG pays $400m first tranche to IOCs
The Federal Government has released $400 million to settle outstanding Joint Venture cash call debts owed International Oil Companies (IOCs). ...
Kachikwu: Nigeria’s oil, gas provide investments in excess of $50bn
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said economic growth plan recently launched by the Federal Government would ...
Oil prices rise despite bearish inventory figures
Oil prices rose nearly one per cent on Thursday on track for a fourth straight day of gains, but analysts remained ...
Data on oil industry projects ready in two weeks, says Content Board
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday said the outlook of upcoming activities across the upstream, midstream, ...
Oil prices rise to $57.01
Oil prices rose on Monday with traders shifting money into crude futures as the dollar weakened and on concerns that ...
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