Nigeria’s external reserves recorded a decline of $2.3bn from $38.59bn to $36.22bn within a two-month period, covering January 1 and

Russian oil firms plan to raise their oil production from April and they are comfortable with the current oil prices and even lower,

The Nigerian central bank will be unable to maintain the naira’s value for much longer as a slump in oil prices drains foreign

Rebalancing the oil market in a context of dropping demand and rising supply will take a while, energy expert Daniel Yergin told