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Nigeria, Niger plan joint refinery, to sign agreement soon
Nigeria and Niger have concluded plans to establish a new…
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Nigeria’s crude account held $2.32bn as of Jan 15
Nigeria’s excess crude account stood at $2.317 billion as of…
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Pressure rising on OPEC to develop long-term output plan
The battle between OPEC and shale oil producers can be…
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Brent crude soar above $65 bpd for first time since 2015
Global benchmark Brent crude oil prices jumped above $65 per…
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Oil trades near $56 after slump as U.S. gasoline stockpiles gain
Oil held losses near $56 a barrel after falling the…
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Marketers demand clamp down on private depots as fuel scarcity looms
Marketers of petroleum products have demanded a clamp down on…
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OPEC, Russia to extend oil production cuts until end of 2018
OPEC and Russia are ready to extend their oil production…
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Russia expects OPEC to reach oil-cut deal as group meets in Vienna Thursday
Alexander Novak, Russia’s Energy Minister expects OPEC and its allies…
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Oil prices poised for a pullback after OPEC announces its output cut decision this week
Market watchers see few opportunities for oil prices to rally,…
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OPEC in the dark about shale as annual growth forecasts from 300,000 bpd to 1.7m
OPEC will have to decide whether to extend global oil…
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