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UAE, Kazakhstan, Iraq, Malaysia pledge full compliance with OPEC output cuts
The United Arab Emirates (UAE), Iraq, Kazakhstan and Malaysia Tuesday…
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Saudi Arabia cuts September oil sales to prized Asia market
Saudi Arabia is said to have cut crude sales for…
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Nigeria recovery in oil production will lead sub-Saharan Africa growth in 2017 – report
Despite plunging into recession for the first time in a…
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Oil futures edge down as investors await outcome of OPEC’s output review meeting
As representatives from OPEC and non-member nations are currently gathered…
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Global energy investment declines 12% in 2016 as power sector leapfrogs oil and gas
Global energy investment fell by 12 percent to $1.7 trillion…
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Saudi’s Prince Alwaleed to invest $800 million in Egypt
Saudi Arabia’s billionaire, Prince Alwaleed bin Talal, will invest about 800…
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Libya’s largest oil field halts output after workers’ protest
Libya’s biggest oil field stopped pumping after a workers’ protest,…
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Forte Oil in talks on refinery deal to boost capacity
Akin Akinfemiwa, Chief Executive of Nigeria's Forte Oil, Friday, said the company…
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The oil trader known as ‘God’ is closing down his main hedge fund
Andy Hall, the oil trader sometimes known in markets as…
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OPEC hopeful of near term rebalance, stability in oil market, prices
The organisation of Petroleum Exporting Countries (OPEC) is optimistic of…
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