Oil edged lower as the coronavirus resurgence raised concerns about demand ahead of an OPEC+ meeting this week that could see the alliance boost some halted...
Oil prices extended their losses on Tuesday as concerns about the fragile state of the global recovery in demand for crude and fuels were heightened by...
Organization of the Petroleum Exporting Countries (OPEC), Secretary-General, Dr Mohammad Barkindo revealed that OPEC member countries have lost around $1 trillion due to falling oil prices...
Operators in the downstream, natural gas and crude oil refining sectors of the Nigerian oil and gas industry borrowed N130bn from Nigerian banks in February amid...
Oil prices fell more than 3% on Monday over fears that COVID-19 lockdowns across Europe will weaken fuel demand. Brent crude futures LCOc1 for January dropped...
Oil prices spiralled 3 per cent downward on Friday erasing previous months gain as major crude benchmarks fell to their lowest points since July. The international...
Members of the Organisation of Oil Producing Countries and allies called OPEC+ achieved around 97% oil output cuts compliance in July, two OPEC+ sources told Reuters on...
