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    Oil Prices Surge After Bullish U.S. Inventory Data
    BizWatchNigeria.Ng

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    Khalid al-Falih

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    Oil
    June 20, 2019087

    Oil Prices Surge After Bullish U.S. Inventory Data

    U.S official data released Wednesday showed a larger-than-expected fall in U.S. crude inventories, sparking a turnaround in oil prices. The Energy Inf

    Read More
    Oil
    June 19, 2019094

    Oil Prices Rise As U.S.-China Trade Talks Set To Resume

    Oil prices rose sharply on Tuesday after U.S. President Donald Trump said he would hold an extensive meeting with Chinese President Xi Jinping at the

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    Oil
    June 18, 2019086

    Oil Slips As Economic Jitters Outweigh Middle East Tensions

    Oil prices slipped more than 1% on Monday as signs of an economic slowdown amid international trade disputes began to outweigh supply fears stoked by

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    Oil
    June 11, 2019083

    Oil Steady As Fate Of Output Pact Unclear, U.S.-China Trade War Lingers

    Oil prices steadied on Monday as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade ten

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    Oil
    June 8, 2019082

    Oil Price Extends Rebound On Saudi Certainty Over Cut Extension

    Oil prices rose on Friday, climbing further from five-month lows hit this week amid signs that OPEC and other producers could extend their output redu

    Read More
    Oil
    June 4, 20190108

    Oil Price Steadies On Saudi Supply Reassurances

    Oil prices steadied on Monday, supported by Saudi Arabia’s comments indicating OPEC and its allies would continue to tighten the crude market followin

    Read More
    Oil
    May 21, 2019085

    Oil Edges Higher On OPEC Cuts, Iran Tensions

    Oil prices edged up to near multi-week highs on Monday as OPEC indicated it was likely to maintain production cuts that have helped boost prices this

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    Oil
    May 15, 2019071

    Oil Rises After Drone Attacks On Saudi Infrastructure

    Oil prices rose on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni armed movement aligned to Iran had attacke

    Read More
    Aramco
    April 9, 2019075

    Saudi Aramco Bond Sale Attracting Record Demand: Bank Source

    Orders for Saudi Aramco’s debut international bonds topped $85billion (about 65 billion sterling). Sources familiar with the matter said it was a reco

    Read More
    Oil
    March 19, 2019064

    Oil Rises As OPEC Holds Off On Production Cuts Decision

    Oil edged further above $67 a barrel on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs though concern that an economic downt

    Read More
    Apply To Job Vacancies At OPEC, 6 Positions Available
    March 19, 20190121

    Crude Futures Little Changed As OPEC Cancels April Meeting

    Oil producer group OPEC on Monday scrapped its planned meeting in April and will decide instead whether to extend output cuts in June, once the market

    Read More
    Oil
    March 14, 2019093

    Oil Rallies On OPEC+ Cuts, Signs of US Supply Drop

    Oil prices rose on Wednesday, after an official forecast showed slower-than-expected U.S. production and U.S. sanctions stalled exports from Venezuela

    Read More
    Oil
    March 13, 2019084

    Oil Gains 1 Percent On Cuts To Saudi, Venezuelan Exports

    Oil prices rose about 1 percent on Tuesday, supported by signs of tightening global supply after a Saudi official said the kingdom plans to cut oil ex

    Read More
    Oil
    March 12, 20190106

    Oil Prices Rise On Saudi Oil Minister’s Comments

    Oil prices rose on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June

    Read More
    OPEC
    March 6, 2019077

    Goldman: OPEC To Clear Supply Glut By April

    Goldman Sachs expects OPEC to succeed in clearing what it has deemed excessive oil supply by April, when the latest production cut deal will be review

    Read More
    Oil
    February 28, 2019076

    Oil Climbs As Saudis Stick To Supply Cuts Despite Trump Pressure

    Oil rallied for a second day on Wednesday, buoyed by an unexpected decline in U.S. crude inventories and after Saudi Arabia appeared undaunted by pres

    Read More
    Oil Market
    February 12, 2019074

    Oil Market Should Reach Balance in Q1, Says UAE Energy Minister

    The energy minister of the United Arab Emirates (UAE) said on Monday, that supply and demand in the oil market should balance out in the first quarter

    Read More
    Oil
    January 19, 20190100

    Saudi Arabia Plans Oil Refinery, Petrochemicals Plant in South Africa

    Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10 billion of investments in the country, Saudi Energ

    Read More
    Oil
    January 15, 20190110

    Oil Prices Drop Below $60 On China Slowdown Concerns

    Oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world’s second-largest oil consumer, raisin

    Read More
    OPEC
    December 7, 2018078

    No Oil-Cuts Deal as OPEC Talks End in Deadlock

    The Organisation of Petroleum Exporting Countries (OPEC) talks on oil production cuts reached deadlock on Friday as the group’s leader Saudi Arabia re

    Read More

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    No Oil-Cuts Deal as OPEC Talks End in Deadlock
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