#Nigeria oil

Oil held gains above $50 a barrel as OPEC and Russia said they were well on the way to clearing a global glut and urged producers to

Aiteo Eastern Exploration and Production Company Friday said it had shut its Nembe Creek Trunk Line (NCTL) for emergency repairs

OPEC and its allies indicated that they’ll wait a bit longer to see if further action is required in their bid to clear a global oil

Though oil prices opened the week lower, there are expectations Friday that they are on course for weekly gains, the third in a row in

Oil rose as the International Energy Agency forecast the strongest demand growth in two years, while OPEC was said to discuss

Oil prices have been forecast to remain lower than the pre-2014 $100 a barrel for a longer period on supply-side factors such as the

Eulogio Del Pino, Venezuelan oil minister said Friday that global oil inventories remain too high and called on OPEC and other

Libya’s biggest oil field is due to reopen Wednesday after a forced closure of more than two weeks, putting pressure on global crude

Nigeria, Africa’s largest oil producer, says it plans to reduce business cost by setting a target of $15 per barrel oil production,