OPEC daily basket oil price closes at $60.19 per barrel
Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $60.19 a barrel on Friday, compared with $60.52 the previous day, acc...
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Kosmos Energy finds oil off Equatorial Guinea -oil ministry
Cape Town — U.S. oil company Kosmos Energy has made an oil discovery at its S-5 well offshore of Equatorial Guinea, hitting 39 metres of net...
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Oil prices stabilise, but set for big weekly loss amid trade gloom, rising output
Tokyo — Oil prices steadied on Friday after a rough week, squeezed about 4% lower by a combination of rising global supply and uncertain fut...
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Oil exploration: Economist seeks more funding for N/Delta development
Mkpoikana Udoma Port Harcourt — The Institute of Chartered Economists of Nigeria, ICEN, has appealed to the Federal Government to appropriat...
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Oil prices dip as U.S. crude stocks and weak Chinese data weigh
London — Oil prices came under pressure on Thursday from rising U.S. crude oil stocks and weak factory activity in China, with few bullish f...
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Oil prices dip as U.S. crude stocks and weak Chinese data weigh
LONDON — Oil prices came under pressure on Thursday from rising U.S. crude oil stocks and weak factory activity in China, with few bullish f...
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Mkpoikana Udoma Port Harcourt - The Ijaw Youth Council, IYC worldwide has threatened to shut down the head office of the Niger Delta Develop...
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Ike Amos Abuja - The Nigerian National Petroleum Corporation, NNPC, Tuesday, said it has saved the country over $3 billion from arbitrations...
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Mexico City - Venezuela’s oil exports eased in October, but surpassed 800,000 barrels per day (bpd) for second month in a row, helping to dr...
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