Oil prices steady over falling Venezuelan exports

Crude oil prices steadied on Wednesday after Venezuela raised the prospect of a halt to some…

Schlumberger profit spikes 52% on higher oil prices

Oilfield services provider Schlumberger on Friday reported an 88 percent rise in quarterly profit as rising…

Oil prices rise over possible extension of output cuts

Crude oil prices rose on Friday after the Saudi Energy Minister, Khalid al-Falih, said OPEC would…

Oil prices dip over increased U.S. drilling

Crude oil prices fell on Monday as increased drilling in the United States pointed to more…

Oil prices decline over China’s slow industrial activity

Crude oil prices experienced a decline on Wednesday after data showed industrial activity in some of…

Oil prices dip over possible rise in U.S. stocks

Crude oil prices took a gentle dip on Tuesday ahead of weekly data that is forecast…

Rising U.S. supply knocks oil prices for a third day

Oil fell for a third day on Wednesday, under pressure from concern about rising U.S. production…

Buhari: How we’ll spend extra income from rising oil prices

By Jite Eriabie  President Muhammadu Buhari has promised to spend income accruing to the country from…

We don’t care if oil prices rise or fall – Minister 

The Minister of Finance, Kemi Adeosun, says Nigeria has got to a point where it does…

Adeosun: Nigeria can’t rely on rising oil prices

Nigeria is learning to ignore crude prices, Minister of Finance Kemi Adeosun has said. “We’ve gotten to…

North Sea pipeline outage, lower U.S. crude stocks support oil prices

Crude prices firmed on Wednesday supported by expectations of a fall in U.S. inventories and the…

Oil prices under pressure from rise in U.S. drilling rigs

Oil prices edged lower on Monday as rising U.S. drilling activity pointed to a further increase…