OIL & GAS

OIL & GAS

Petrol Price
COVER OIL & GAS

Nigerian National Petroleum Corporation has enjoined motorists in Abuja and its environs, and the federation, not to engage in any panic buying of petroleum products. This plea came ...
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oil
COVER NEWSLETTER OIL & GAS

Oil prices on Wednesday, January 18 dipped on expectations that U.S. producers would boost output, while OPEC signalled a drop in the global oil supply glut in 2017. Brent ...
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UN
COVER NEWSLETTER OIL & GAS

Oil and gas discoveries around the world crashed in 2016 to their lowest since the 1940s after companies sharply cut back in their search for new resources amid falling ...
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oil
COVER NEWSLETTER OIL & GAS

Oil prices surged on Tuesday, January 17, buoyed by weak U.S. dollar and Saudi Arabia reinstating its commitment oil output cut. Brent crude futures, the international benchmark for oil ...
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exxonmobil_sunphoto_retouch_cropped_959_487_90_c1
NEWSLETTER OIL & GAS

Oil producing giant,  Exxon Mobil Corp (XOM.N) on Tuesday, January 17, said it will pay up to $6.6 billion to double its holdings in the Permian Basin of ...
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Illustration of three oil rigs in the desert
COVER NEWSLETTER OIL & GAS

Oil prices slumped on Monday, January 16, weighed on by doubts that large oil producers will cut production as promised. Benchmark Brent crude oil LCOc1 was down 10 ...
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Oil
COVER NEWSLETTER OIL & GAS

Global oil prices are poised to witness more volatility” in 2017 even though markets may rebalance in the first half of the year if output cuts eventually happen, ...
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Stock Market Investors Lose N383bn In October
COVER NEWSLETTER OIL & GAS

Crude oil prices, on Friday, January 13, slumped on lingering doubts over the extent of OPEC cuts, with sentiment worsened by concerns over the economic health of the ...
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oil
COVER NEWSLETTER OIL & GAS

Oil prices swung higher on Thursday, January 12, buoyed by reports that the Organisation of Petroleum Exporters Countries, OPEC was starting to cut output and on expectations of strong demand ...
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Oil Exploration Dangote
COVER NEWSLETTER OIL & GAS

The Organisation of the Petroleum Exporting Countries, OPEC, expects to see global oil inventories slide by the second quarter of 2017 following producers’ agreement to cut output, OPEC Secretary-General ...
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Illustration of three oil rigs in the desert
COVER NEWSLETTER OIL & GAS

Oil prices surged on Wednesday, January 11, triggered by reports of Saudi supply cuts to Asia. However,  gains were capped by a lack of detail about the reductions. ...
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oil
COVER NEWSLETTER OIL & GAS

Oil prices climbed on Tuesday, January 10, on hopes that some planned output cuts agreed by the Organisation of Petroleum Exporting Countries, OPEC, and other producers would be ...
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Oil
COVER OIL & GAS

Oil markets climbed higher on Today on expectations that at least some planned production cuts would be implemented, making a slight recovery from big losses the previous day. ...
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Illustration of three oil rigs in the desert
COVER NEWSLETTER OIL & GAS

Oil prices crashed on Monday, January 9, as increased exports from Iran thwarted efforts by other oil producers to curb a global fuel supply overhang. Brent crude futures LCOc1 ...
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oil
COVER NEWSLETTER OIL & GAS

Oil price surged on Friday,January 6, on futures buying, ending the week higher, but gains were limited by a strong U.S. dollar and lingering doubts about whether OPEC producers would ...
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Oil Exploration Dangote
COVER NEWSLETTER OIL & GAS

The Organisation of Petroleum Exporting Countries, OPEC, oil output in December slid from a record high ahead of a deal to cut production, a Reuters survey reveals. The drop ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil prices on Thursday, January 5,surged after Saudi Arabia kicked off talks with customers about a reduction in crude sales to support a plan by the Organisation of Petroleum ...
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oil
COVER NEWSLETTER OIL & GAS

Oil prices on Wednesday, January 4, climbed on expectations that U.S. crude inventories have dropped and on signs that the world’s top oil exporters will stick to agreed output ...
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Oil Exploration Dangote
COVER NEWSLETTER OIL & GAS

Investment bank, Goldman Sachs has projected a rise in WTI oil prices to US$57.50 in the first half of 2017 on the back of OPEC cuts, as reduced ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

  Oil prices soared in the first trading hours of 2017, driven by expectations that a deal between the Organisation of Petroleum Exporting Countries, OPEC and non-OPEC members ...
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