Angola needs crude prices rebound to $60, says oil minister
Businessam Staff
August 31, 2017
Jose Maria Botelho de Vasconcelos, Angola’s Petroleum Minister said it is essential for the southern African nation’s economy that oil
Libya’s oil disruptions widen as two more fields halt output
Businessam StaffAugust 28, 2017
Two more oil fields in Libya are being closed after an armed group took over pipelines to both deposits, further disrupting the OPEC
Lower oil prices driving oil-producing nations to tap public markets to diversify their economies as Nigeria dithers
Businessam StaffAugust 23, 2017
*As Saudi Arabia, others plan listing state oil coys… The current lower energy price regime is pushing governments dependent on
Oil prices climb as traders eye another U.S. crude drawdown
Businessam StaffAugust 22, 2017
Oil inched up Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited
Saudis could get $21 billion non-oil boost in 2018, BofA Says
Businessam StaffAugust 22, 2017
Saudi Arabia’s non-oil revenue could surge by about 80 billion riyals ($21.3 billion) next year, according to Bank of America Merrill
OPEC swings to panic stations
Businessam StaffAugust 12, 2017
OPEC’s job of rebalancing the oil market has just got a lot more difficult. Not only is there a lot more oil in storage than it