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Nigeria Looks To Boost Oil Production By 310% To 4 Million Bpd

Nigeria, the largest oil producer and exporter in Africa, hopes that its newly adopted petroleum industry law will help it hike its oil production...
Energy

U.S. Shale Giant Says OPEC Controls Oil Prices

...U.S. oil producers are keeping a never-seen-before discipline in spending on new supply ...Even though the benchmark U.S. oil price, WTI Crude, has consistently traded...
Energy

World’s Largest Oil Trader: OPEC+ Continues To Call The Shots On Oil Prices

OPEC+ will remain the leading factor in oil price movements in the next few months, a senior Vitol executive told the media, as quoted...
Business

Sanusi Reveals: How FG Is Paying Subsidy On Fuel That Never Arrived Nigeria

Former Governor of Central Bank of Nigeria (CBN) and immediate past Emir of Kano, HRH Muhammadu Sanusi II, has said Nigeria is investing its...
Business

Senate Moves To Relocate Operational Bases Of Oil Companies To N’Delta

The Senate has kickstarted move to ensure the relocation of the operational bases of the oil and companies in Nigeria to Niger Delta. This was...
Energy

Oil Prices Under Pressure From China’s Evergrande Crisis

The potential implosion of China's property market and broader economy sent oil prices tumbling at the start of the week. Energy Market Chart of the...
Energy

Goldman: Oil Could Hit $85 In The Fourth Quarter

A colder winter and soaring natural gas prices globally could lead to higher-than-expected oil prices at the end of this year, with the potential...
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