South Sudan said on Thursday that U.S. sanctions on 15 South Sudanese oil operators will work…
Tag: oil
Oil hits nearly three-week high
Oil prices extended gains to hit their highest level in nearly three weeks on Monday supported by comments…
Nigeria expects $40bn oil projects in five years – Kachikwu
By Omotilewa Quadri The Minister of State for Petroleum Resources, Ibe Kachikwu, has sad that Nigeria…
Nigeria ready to provide leadership for Africa in oil, gas- Buhari
President Muhammadu Buhari has said Nigeria is open to investments and ready to provide leadership for…
Oil rises towards $65 on Saudi commitment to curb output, weak dollar
Oil rose towards $65 barrel on Thursday, supported by Saudi Arabia’s comment that it would rather…
‘Dry port is panacea to over-reliance on oil’
The Executive Secretary of Nigeria Institute of Export Operations and Management (IEOM), Ofon Udofia, has…
Dry ports: Panacea to over-reliance on oil- Expert
The Executive Secretary of Nigeria Institute of Export Operations and Management (IEOM), Ofon Udofia, has said…
Oil falls on higher inventories, but January gains still strong
Oil prices fell for a third day on Wednesday after data that showed U.S. inventories rose…
Iran cites change in U.S. navy behavior in Gulf
An Iranian Revolutionary Guards commander said on Monday that U.S. vessels patrolling the Gulf had changed…
Oil dips but still set for strongest January in five years
Oil eased below $70 a barrel on Monday as rising U.S. output undermined efforts led by…
Oil hits $71 for first time since 2014 on tighter supply and weak dollar
Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led…