Oil prices climbed its highest levels since July 2015 early on Monday as markets tightened.
This is coming as Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests.
Brent futures LCOc1, the international...
saudi arabia impact on oil
Oil prices fell more than 2 percent on Friday, wiping out the week's gains after a tanker-tracking firm reported supply from OPEC is rising.
OPEC's July oil supply was set to rise by 145,000 barrels per day (bpd) compared to June, Reuters reported citing data from PetroLogistics, a company that...
Oil reversed earlier losses on Wednesday as investors took heart from strict OPEC compliance with its pledge to cut output.
The Organisation of the Petroleum Exporting Countries reduced its oil output for a second month in February, a media survey found, showing the exporter group has boosted...
dr. maikanti baru
group managing director of nnpc
oil production in nigeria
Global oil benchmark, Brent crude, fell by to a two-month low on Friday after the United States government reported a weekly crude draw within analysts’ forecasts, disappointing market bulls who had expected larger declines.
Brent, against which half of the world’s oil is priced, was down by...
World oil prices gained strength Friday from six straight sessions of losses, as investors eyed rising global equities and increasing risk appetite on receding Brexit concerns, dealers said.
At about 1100 GMT, Brent North Sea crude for delivery in August was up 99 cents at $48.18 a barrel.
us benchmark west texas oilprice
Oil prices dropped to $49 a barrel on Monday as Iraq raised its crude exports target ahead of an OPEC meeting.
Canadian production was set to restart after huge wildfires. But while attention now turned to a meeting of the Organisation of the Petroleum Exporting Countries (OPEC), in Vienna...