Wednesday, March 11, 2026
Oil prices up on falling US crude stocks, militants’ threat to attack sector in Nigeria
An oil pump jack for illustration Oil prices rose on Thursday on a reported decline in U.S. crude inventories, and...
Read moreDetailsVitol signs first deal with Algeria to refine oil abroad
Algeria’s state-run energy producer Sonatrach signed an agreement with oil-trading Vitol Group to ship crude to Italy to be processed...
Read moreDetailsOil militants threaten to attack Nigeria’s oil sector within days
Nigerian militant group Niger Delta Avengers said on Wednesday it will launch attacks on the country’s oil sector in the...
Read moreDetailsBrent crude at $70 as OPEC members reassure on cuts
Oil traded near the highest close in more than three years as Iraq echoed a call by the United Arab...
Read moreDetailsIraq nears oil output capacity of 5 mln bpd, committed to OPEC cuts
Jabar al-Luaibi, Iraqi's oil minister said Saturday that oil output capacity in the OPEC member country is nearing 5 million barrels...
Read moreDetailsOPEC will try to talk prices down if oil tops $70, Goldman says
OPEC would try to talk down an oil rally above $70 a barrel to cushion the impact on the global...
Read moreDetailsOPEC’s cheer over 2018 oil rally tinged by shale worries
Oil’s price rally this year to its highest since May 2015 may seem a source of glee for OPEC, but...
Read moreDetailsOPEC not keen on increased Brent crude prices above $60 pbd, Iran oil minister says
A key minister of OPEC has warned that the group risks overheating the oil market as crude prices head toward...
Read moreDetailsOil prices near $62 as U.S. crude stockpiles seen declining
Oil steadied near $62 a barrel on estimates that U.S. crude stockpiles declined for an eighth week as the rebalancing...
Read moreDetailsOil trades near three-year high as doubts emerge over rally
Oil traded near the highest close in more than three years as U.S. crude stockpiles shrank for the seventh week,...
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