Oil prices encouraging, says Kachikwu

Minister of State for Petroleum, Ibe Kachikwu has said Nigeria is targeting oil production of 1.8…

Dangote prays for oil prices to remain low 

President of Dangote Group, Aliko Dangote has called for prayers for the international oil price to…

Oil prices rise on Harvey fallout 

By Jite Eriabie  Oil prices rose on Wednesday as strong global refining margins and the reopening…

Oil prices rise on signs of gradually tightening market

Oil prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in the…

Oil prices rise on signs of gradually tightening market

Oil prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in the…

Oil prices slip on Chinese demand concerns, rising U.S. activity

Oil prices fell on Monday as a slowdown in Chinese refining raised concerns about demand in…

Oil prices near $44 as investors weigh Nigerian output caps

Oil traded near $44 a barrel as investors weighed the likelihood and potential effectiveness of Libya…

Oil prices rise to two-week high on dip in U.S. output

Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight…

Oil prices extend gains

Oil prices gained further Tuesday, boosting energy companies’ shares, after Russia and Saudi Arabia indicated they…

Oil prices back in the $50s as markets expect fresh OPEC deal

Oil prices rose on Friday as traders expected OPEC-led production cuts to extend beyond the middle of this…

Oil prices rise on expectations of output cut extension

  Oil prices rose on Monday on a growing conviction that an OPEC-led production cut initially…

Shell quarterly profits surge on rebounding oil prices

Net profit at Royal Dutch Shell increased more than sevenfold in the first quarter as oil…

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