Oil trims weekly drop as storm heads for Texas, gasoline surges
Oil trimmed a fourth weekly decline as traders braced for the impact of Hurricane Harvey on a U.S. refining hub in the Gulf of Mexico.
Oil prices climb as traders eye another U.S. crude drawdown
Oil inched up Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited
Total acquires Maersk Oil for $7.45bn in a share and debt transaction
Total, a leading international oil and gas company, has announced that its board and that of A.P. Møller – Mærsk, a Danish shipping
Nigerian lenders exposure to oil & gas still high at 22.5% despite sector’s NPL history
A sectorial breakdown of Nigerian banks’ credit to the private sector in the second quarter of 2017 indicates that the oil and gas
Nigeria’s oil exports to slip in October, programmes show
Nigeria’s crude oil exports are expected to slip to 1.72 million barrels per day (bpd) in October, loading programmes showed
Oil nudges higher on tightening supplies, weak dollar
Oil prices edged higher Friday, with investors offered some encouragement from data hinting that oversupply was easing steadily and a
Oil prices fall on Chinese demand concerns, rising U.S. activity
Oil prices fell Monday as a slowdown in Chinese refining raised concerns about demand in the world’s second-biggest consumer,
OPEC swings to panic stations
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
More problem for OPEC as IEA cuts estimates for crude needed in 2017, 2018
The International Energy Agency (IEA) cut estimates for the amount of crude needed from OPEC this year and in 2018 after lowering its
Biggest U.S. fuel pipeline fills up as east coast tanks drain
Colonial Pipeline is back to business as usual — with more demand to move fuels to the East Coast from Houston than it has space