A historic multilateral deal to lower global oil production and stabilize prices, led by record cuts from Saudi Arabia and...
The decision by Organization of Petroleum Exporting Countries (OPEC) to make sure members remain strict on its production quota, are...
Oil prices jumped on Thursday on reports that Saudi Arabia and Russia have reached a deal on a deep output...
Oil is trading above $35 dollars Thursday the talks between the world’s largest oil producers over unprecedented production cuts go down to...
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians of availability of sufficient petroleum products to guarantee hitch-free Easter celebration....
Crude oil posted initial gains in Asia Thursday as focus returns to a planned meeting by producer Cartel OPEC and...
Oil rose for a second day as the world’s top producers moved closer to a deal to curb output in...
Nigeria has decided to shut down all its oil refineries as it works to secure funding and a model to...
Nigeria and nine other countries notorious for gas flaring lost over $19bn in revenues last year for failing to monetise...
There is rising prospects that the world’s largest oil producers will meet this week for unprecedented talks on a deal...
Nigeria Extractive Industry Transparency Initiative (NEITI) released its new audited report few days which showed Nigeria recorded a 55 percent...
Oil recorded its first loss in three days on signals that a glut is growing at America’s biggest storage depot...
The prospect that the price of crude oil will firm up very soon is becoming remote amid fears that Russia...
Nigeria will no longer cap the price at which fuel is sold in the country in the form of subsidy...
Saudi Arabia is delaying the release of its closely-watched monthly oil-pricing list until later this week as the kingdom spars...