The global oil market is to experience a glut throughout 2019, as heightened exploratory activities lead to increased output in the

SANUSI BARKINDO, SECRETARY general of the Organisation of Petroleum Exporting Countries (OPEC) has stated that there was a 268 million

Issuer funding needs and investor appetite for the remainder of 2018 would be determined by various factors including oil prices,

Khalid al-Falih, Saudi Arabia’s energy minister, warned oil traders Friday that a dramatic upswing in crude futures was little

Japaul Oil and Maritime Services Plc. have signed a $350 million financing agreement with Milost Global Incorporated. The financing

Nigeria and Niger have concluded plans to establish a new oil refinery to meet the petroleum products needs of the two nations.  The

Nigeria’s excess crude account stood at $2.317 billion as of Jan. 15, a state governor said on Thursday. The figure was given by the

The battle between OPEC and shale oil producers can be characterized as a two-round fight. In the first round, shale producers gained

Global benchmark Brent crude oil prices jumped above $65 per barrel for the first time in 2 1/2 years after the shutdown of the

Oil held losses near $56 a barrel after falling the most in two months as U.S. gasoline stockpiles expanded more than expected,