0Energy

March 13, 2020

Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1­ to 792, with the total oil and gas rigs
0Energy

March 13, 2020

Rebalancing the oil market in a context of dropping demand and rising supply will take a while, energy expert Daniel Yergin told
0Energy

March 11, 2020

The Saudi Energy Ministry has told Aramco to increase its oil production capacity to 13 from 12 million bpd, the company’s chief
0Frontpage

March 10, 2020

Amid tumbling prices of crude oil, the federal government is set to cut the country’s 2020 budget. President Muhammadu Buhari will get
0Frontpage

February 19, 2020

Oil rose to a two-week high on hopes that economic stimulus from China can revive demand battered by the coronavirus, and as a number
0Frontpage

February 13, 2020

  The latest crude oil price rally was nipped in the bud last night by the news that 15,000 new coronavirus cases had been
0Frontpage

February 13, 2020

Global oil demand is now expected to see its first quarterly contraction in over a decade, according to the International Energy
0Frontpage

February 12, 2020

Crude oil prices hesitated today after the Energy Information Administration reported a US oil inventory build of 7.5 million barrels
0Frontpage

February 7, 2020

Oil prices were on track for a fifth weekly decline early on Friday, weighed down by the loss of demand in China amid the coronavirus
0Energy

February 4, 2020

OPEC+ is meeting urgently to discuss moves in the face of an inexorable slide in oil prices that has brought Brent crude far below $60