Tuesday, October 27, 2026
OPEC oil output drops on Saudi cut, outages and sanctions
OPEC oil supply has fallen in January by the largest amount in two years, a Reuters survey found, as Saudi...
Read moreDetailsEnergy, fire, motor top in N4.2bn claims payment by Sovereign Trust in 2018 as firm commits to insured citizens
Sovereign Trust Insurance Plc has stated its resolve to enhance claims settlement of insured policy holders. This is as the...
Read moreDetailsBudgIT urges Nigeria regulators to guard against revenue losses as oil sector continues to bleed
BudgIT, a non-governmental group, has called on Nigeria's oil and gas regulatory agencies to step up and guard against revenue...
Read moreDetailsOil drops as U.S. supply builds and China ignites demand worries
Oil headed for its biggest one day drop in a month on Monday on evidence of yet more growth in...
Read moreDetailsRussia says oil price war with U.S. would be too costly
Russia should not unleash an oil price war against the United States but rather stick with output cuts even at...
Read moreDetailsNigeria leads OPEC members in crude production in Dec with 1.797m
Nigeria led the other oil producers in the 14-member Organisation of Petroleum Exporting Countries in total crude production in December...
Read moreDetailsGlobal investment in solar, wind projects drops by 8 percent to $332 billion
Global investment in renewable energy projects dipped to $332.1 billion in 2018,down 8 percent from 2017, as a result of...
Read moreDetailsOPEC cuts crude production by 750,000 barrels per day for market re-balancing
The Organization of Petroleum Exporting Countries (OPEC) said Thursday it has already slashed its crude oil output by some 750,000...
Read moreDetailsOil prices slip as U.S. crude output nears 12 million bpd
Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as...
Read moreDetailsBrent crude settled at $60 per barrel, amid bearish pressures
Crude oil futures settled on Wednesday after the release of American Petroleum Institute data showing a draw in US crude...
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