Saudi Arabia resumes oil exports through Red Sea 

Top oil exporter Saudi Arabia said on Saturday it has resumed all oil shipments through the strategic Red…

Saudi Arabia halts oil exports in Red Sea lane

Saudi Arabia on Thursday said it was suspending oil shipments through a strategic Red Sea lane…

OPEC agrees to hike in oil supply

  The Organization of the Petroleum Exporting Countries (OPEC) on Friday agreed on a modest increase…

High oil prices not supply-driven- OPEC

  OPEC has described crude oil’s rally towards $80 a barrel as a short-term spike driven…

Saudi Arabia seeks further rise in crude oil price

Saudi Energy Minister, Khaled al-Faleh on Friday said the global market has the capacity to absorb…

Crude oil prices extend rise

Crude oil extended gains on Wednesday, rising more than $1 on a reported decline in U.S.…

Crude oil prices rise over Middle East tensions

Crude oil prices rose by almost 1 percent on Tuesday, lifted by a weak dollar, tensions…

Death sentence: FG engages Saudi Arabia over Nigerian drug pushers 

The Federal Government said it would continue to engage Saudi Arabian authorities in negotiations over the…

Tough OPEC meeting looms amid specter of oil deficit

OPEC is heading for tougher-than-expected policy talks this week amid concern that its efforts to rebalance…

Saudi Arabia to reopen Yemen airports and seaports after brief closure

Saudi Arabia said Monday that the Arab coalition fighting the Houthi militia will begin reopening airports…

Saudi Arabia to reopen Yemen airports and seaports after brief closure

Saudi Arabia said Monday that the Arab coalition fighting the Houthi militia will begin reopening airports…

OPEC oil output edges higher in Sept as Iraq, Libya pump more

OPEC oil output has risen this month by 50,000 barrels per day (bpd), a Reuters survey…