crude oil news

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    Business Nigeria's Crude Oil: 224 Firms Submit Bids to Lift Oil In 2017

    Not fewer than 224 firms have submitted bids seeking to be awarded contract to purchase and lift Nigerian crude oil grades for the 2016/2017 season. Th e Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Maikanti Baru, at the former public bids openng on Thursday in...
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    Business Crude Oil Prices Rise By 2% Ahead of OPEC Informal Meeting

    Crude Oil prices rose on Thursday as a weaker dollar and a surprisingly large drop in U.S. crude inventories emboldened investors ahead of next week's meeting between OPEC members and Russia to discuss supply. Brent crude futures which Nigeria oil trades rose 84 cents, or 1.8 percent, to $47.67...