Thursday, April 16, 2026
Oil rises to $51 after steep slide; growth fears weigh
Oil edged up to $51 a barrel on Wednesday after reaching its lowest since June 2017 on perceptions that a...
Read moreDetailsRussia’s energy minister sees oil prices stabilizing in first-half 2019
Russian Energy Minister Alexander Novak said on Tuesday that oil prices, which fell by more than a third this quarter,...
Read moreDetailsTotal set to start exports from big new oil field in Nigeria
Total SA is poised to start exports of crude from a major new offshore field in Nigeria, adding to global...
Read moreDetailsNigeria’s crude oil export fell slightly in Q3 2018-CBN
Nigeria’s crude oil export fell marginally, in the third quarter of 2018, averaging 1.39 million barrels per day, The Central...
Read moreDetailsAfrica needs $250 billion to scale up its electricity-Momoh
Africa requires about $250 billion worth of public private partnership investment to address the power deficit situation on the continent,...
Read moreDetailsOPEC exit frees Qatar from U.S. legal concerns
Even before taking over Qatar’s energy policy in a government reshuffle last month, Qatar Petroleum (QP) CEO Saad al-Kaabi had...
Read moreDetailsOil rises to $61 on Libyan supply cut, U.S. inventories
· · Oil rose to about $61 a barrel on Wednesday, supported by an industry report showing a drop in...
Read moreDetailsPPPRA assures Nigerians of uninterrupted fuel supply during the festivities.
The Petroleum Products Pricing Regulatory Agency (PPPRA), has assured Nigerians of uninterrupted petroleum products supply and distribution during the festive...
Read moreDetailsOPEC supply cut and involuntary declines from Iran and Venezuela to halt declining oil prices
The Organization of Petroleum Exporting Countries (OPEC) might prevent a price-depressing build in oil inventories, once it attains 100 percent...
Read moreDetailsOil charts show demand ailing in world’s top consuming region
Oil investors are concerned about supplies due to booming U.S. output and uncertainty over how OPEC and its allies will...
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