Oil prices rose more than US$1 on Wednesday after the European Union agreed to an additional round of sanctions threatening Russian oil flows that could tighten global crude supplies.
The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 percent to 1.69 million barrels per day in November 2024, up from 1.538mbpd recorded in ...
OIL prices settled more than US$1 higher on Wednesday after the European Union agreed to an additional round of sanctions ...
Invesing.com -- Crude oil prices had a rocky ride this year as concerns about oversupply and timid demand remained front and center, with boosts from geopolitical tensions proving fleeting, but UBS ...
WHAT do you do in an energy industry that is facing its first speed bumps after decades of meteoric growth? In the case of ...
That would "definitely amp up the risk," and with reports that the U.S. is looking to toughen sanctions on Russia, there may be "some protection buying in the [oil] complex," Phil Flynn, senior market ...
Oil futures gain for a third straight session, supported by Middle East risk premium, anticipation that stimulus measures will improve China's economic performance and U.S. inflation data for November ...
Global oil demand is expected to rise by 1.61 million barrels per day in 2024, a slight downwards revision from last month’s ...
Nigeria has maintained its top spot as Africa's largest oil producer, according to the Organisation of the Petroleum Exporting Countries ...
Oil prices continued its steady move higher on Wednesday, up around 1.27% at the time of writing. This is a slight surprise ...