Oil prices hover near eight-week highs on lower U.S. inventories
Oil prices held just below eight-week highs on Thursday, supported by a steeper-than-expected decline in U.S. crude inventories that boosted ...
Thursday, June 25, 2026
Tag: Oil & gas
China urges halt to oil drilling in disputed South China Sea
China's Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea, where ...
Oil extends gains as Saudi, Nigeria pledge export curbs
Oil prices extended gains on Tuesday after Saudi Arabia and Nigeria pledged to curb exports from next month, as OPEC ...
Oil prices rise as Nigeria agrees 1.8mbpd cap setting a wind of rebalancing in global supplies
Oil rose Monday, erasing early losses after leading OPEC producers Saudi Arabia and Nigeria pledged to cut exports to help ...
Oil falls after report showing OPEC deal compliance falling in July
Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite the group's ...
Halliburton helping Nigeria locate exact position of oil in inland basins
Halliburton Corporation, the American oil services company, is helping NNPC, the Nigerian national oil company, to provide exact location of ...
Nigeria national oil company says daily gas supply to power plants rises by 64%
A steady improvement in the supply of gas to Nigeria's troubled power plants appears to be steadily helping to improve ...
UAE energy minister hopes global oil markets begin to tighten in H2
Suhail bin Mohammed al-Mazroui, the United Arab Emirates Energy Minister, Friday said he hopes global oil supplies will start tightening ...
Strong gasoline boosts oil price as rising Libya, Nigeria output undermines OPEC supply cut
Oil prices traded higher on Wednesday, supported by a strong gasoline market, but rising output from OPEC producers revived concerns ...
What if big oil’s bet on gas is wrong?
Talk to a Big Oil executive these days, and the chances are they’ll steer the conversation toward gas. “In 20 ...
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.