- Tuesday, June 09, 2026
BusinessDay
Oil producers are taking advantage of the rebound in oil markets by locking in prices for next year and beyond,...
The first quarter of 2015 was the first in which the oil price drop will truly reflect in the numbers...
Africa Oil announced that it has entered into an investment agreement with Stampede Natural Resources, an entity owned by a...
Asian spot liquefied natural gas (LNG) prices for June delivery inched higher this week as the demand outlook improved slightly,...
Sinopec, Asia’s largest refiner, posted an 85 percent fall in first-quarter profit as a sharp decline in international crude prices...
The Federal Government and oil marketers on Monday evening assured that the present fuel scarcity across the country would ease...
Part of a growing glut of West African light sweet crude cargoes looks set to arbitrage into North America, following...
US benchmark oil prices surged to a four-month high after stockpiles at the nation’s biggest storage hub fell for the...
Countries, where Sinopec Group have investments, have been placed on red alert after it emerged that the Chinese firm plans...
The Organisation of Oil Exporting Countries’ (OPEC) oil supply in April has jumped to its highest in more than two...
Following the slump in crude oil prices, economic growth in 2015 is expected to be relatively sluggish, particularly for Africa’s...
The fight amongst crude oil producers for market share has taken a new dimension. Venezuela has initiated talks on a...
Brent crude reversed early losses to steady above $65 at the start of the week as signs that US shale...
Brazilian state-run oil company Petrobras reported its biggest-ever loss, the result of a $16.8 billion write-down in the wake of...
The current challenges faced by oil dependent countries such as Nigeria have prompted stakeholders in the energy sector to call on the government to subsidise the production of oil...