FG extends crude for oil products swaps till December

The Federal Government has rolled over its crude for oil products swaps contracts by six months…

Oil prices dip as OPEC nears deal to hike output

Crude oil prices fell on Thursday as crude exporters in the Organization of the Petroleum Exporting…

Libyan forces retake key oil ports

  East Libyan forces on Thursday said they have retaken the shuttered oil ports of Es…

China to slash U.S. oil imports post-September

Until September when it would put plans in motion to reduce future purchases, Chinese oil buyers…

UK to end diesel, petrol cars sales by 2040

Britain still plans to end the sale of new diesel and petrol cars by 2040 and…

Wilbur Ross denies insider trade in shorting Russia-linked firm

U.S. Commerce Secretary Wilbur Ross denied that he engaged in insider trading when he short sold…

EU to slap duties on U.S. imports Friday

The European Commission said on Wednesday it will begin charging import duties of 25 percent on…

Crude oil prices spike ahead of OPEC meeting

Crude oil prices rose on Wednesday, supported by reports of a drop in U.S. commercial crude…

Divers, underwater drone join search for missing ferry passengers

Divers and an underwater drone joined a fleet of rescue vessels on Wednesday in Indonesia’s search…

Botswana alerts WTO of foot, mouth disease outbreak

Botswana notified its trading partners on Tuesday of a suspected outbreak of foot and mouth disease…

Saudi seeks OPEC’s’ support to raise oil output

Saudi Arabia is struggling to convince fellow Organization of the Petroleum Exporting Countries (OPEC) members including…

Russian firm begins bauxite shipment from Guinea

Russian aluminium producer Rusal says it has started shipping bauxite from its Dian-Dian bauxite project in…