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Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1 to ...
Rebalancing the oil market in a context of dropping demand and rising supply will take a while, energy expert Daniel Yergin told ...
Acting Director-General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk, yesterday, has called for emergency measures to insulate ...
Africa’s richest man, Alhaji Aliko Dangote is set to diversify his business empire by venturing into the oil sector. The billionaire will ...
The Saudi Energy Ministry has told Aramco to increase its oil production capacity to 13 from 12 million bpd, the ...
The international oil benchmark, Brent crude, which stood at $45.72 per barrel on Sunday, has slumped to $33 per barrel. ...
The nation’s crude oil reserves of 37 billion barrels, two per cent of which is being produced annually, will be ...
Nigeria’s crude oil production fell to a record low of 1.57 million barrels per day last month, the Organisation of ...
The American Petroleum Institute (API) has estimated a crude oil inventory build of 1.41 million barrels for the week ending ...
As per a verifiable reports from the Nigeria Executive Industries Initiatives, around $41.9bn worth of crude oil and refined products were ...