Oil jumps on fears of new Iran sanctions, Iraq conflict

Oil markets jumped on Monday over fears of potential renewed U.S. sanctions against Iran as well…

Oil exports will be main topic at OPEC, non-OPEC meeting in Moscow – Novak

Oil exports will be in the spotlight at a meeting between OPEC and non-OPEC members in…

Russia’s Novak: Better to scrap oil output pact when demand increases -RIA

Russian Energy Minister Alexander Novak said on Wednesday it would be better to terminate a global…

Nigeria’s NPDC says to raise output to 300,000 bpd by 2018

The main subsidiary of Nigeria’s state oil company said on Monday it planned to increase production…

Oil hits eight-month high as producers say market rebalancing

Oil prices rose on Monday to their highest in eight months after major producers said at…

OPEC extends Nigeria’s exemption from oil output cut

  The growing stability in the global oil market may work to Nigeria’s advantage, as the…

OPEC extends Nigeria’s exemption from oil output cut

  The growing stability in the global oil market may work to Nigeria’s advantage, as the…

Nigeria exits recession but recovery fragile

Nigeria exited recession in the second quarter, but the pace of growth was slow despite higher…

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…

OPEC scribe visits Buhari in London

Organisation for Petroleum Exporting Countries (OPEC) Secretary General, Mohammad Sanusi Barkindo, has visited Nigerian President Muhammadu…

Barkindo visits Buhari in London

OPEC Secretary General, Mohammad Sanusi Barkindo, has visited Nigerian President Muhammadu Buhari in London at the…

OPEC output rises in July

Crude oil production by OPEC members increased slightly in July, including Saudi Arabia, which had championed…