Oil Down After U.S. Crude Inventories Rise Against Expectations
Oil prices fell on Wednesday after an industry group reported a surprise rise in U.S. crude, adding to worries about ...
Tag: Crude Oil
Russia To Increase Oil Production To 300,000 bpd
Energy Minister Alexander Novak on Tuesday said Russia would likely raise its oil production to between 200,000 and 300,000 barrels ...
Orlen To Purchase 240,000 Tons Of Crude Oil From Nigeria
PKN Orlen will buy nearly 240,000 tonnes of crude oil from Nigeria, which will be delivered to Naftoport in Gdańsk ...
Petronas-Saudi Rapid Refinery Begins Trials On Crude Oil Unit: Sources
Malaysian state oil company Petronas started trial runs at the crude distillation unit (CDU) for a joint-venture refinery with Saudi ...
Oil Prices Slip Toward 18-month Lows
Oil prices fell on Friday ahead of the New Year holiday as global crude benchmarks moved back toward their lowest ...
Oil Prices Fall As Trump Counters OPEC Plan To Cut Supply
Oil prices fell by more than 1 per cent on Tuesday, with Brent crude sliding below $70 and WTI below ...
Oil Falls To $76 As Worries Mount On Demand Outlook
Oil slipped to around $76 a barrel on Wednesday, paring losses after hitting its lowest since late August, pressured by ...
Asian Shares Slip Amid U.S. Trade Disputes As Oil Rises Towards $85
Asian shares slipped on Monday as worries over Sino-U.S. trade disputes, a possible slowdown in the Chinese economy and higher ...
Oil Rises On Iran Sanctions, Lower U.S. Fuel Inventories
Oil prices rose on Thursday, extending gains on growing evidence of disruptions to crude supply from Iran and Venezuela and ...
Oil Prices Rise As US Sanctions On Iran Tightens Market
Oil prices moved up yesterday as United States of America (USA) sanctions against Iran pointed towards a tighter market, even ...
Oil Price Moves Close To $80 p/b In Int’l Market
Nigeria stands to benefit as oil rose on Tuesday at the international market, supported by gains in equities and supply ...
Nigeria’s Rising Dependence On Oil And Implications
Recent developments in Nigeria has shown the level of dependence on the hydrocarbon industry and sales of crude oil despite ...
Nigeria And IMF Warning On Oil Prices
The International Monetary Fund (IMF), recently, urged Nigeria and other oil-dependent economies to intensify economic diversification efforts to forestall the ...
Oil Prices Hit $73.79 A Barrel
An improvement in Nigeria’s oil earnings is on course as prices held firm on Friday near three-year highs reached earlier ...
Oil Prices Shoot Up At $65.70 Per Barrel On Falling US Drilling Rigs
Oil markets gained yesterday on the back of a drop in the number of US rigs drilling for more production ...
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