WASHINGTON – The price of oil inched up Monday but gains were tempered by the prospect of a further reduction in U.S. central bank stimulus. Benchmark...
LONDON – If you had spent 10 pounds on BP shares on April 19, 2010, you would have just nine pounds now, including dividends. A poor...
LAGOS – The absence of the counsel representing the Economic and Financial Crimes Commission (EFCC), stalled the trial of an oil marketer, Rowaye Jubril. Reports state...
ACCRA – Hess Corporation has announced plans to invest $650 million for oil exploration and production works in its African operations including Ghana this year 2014....
WASHINGTON – European crude futures dipped Friday although the price gap with U.S. WTI narrowed, with few upward price signals for Brent and plenty of demand...
KAMPALA — The government of Uganda has reached a deal with foreign oil companies to develop its oil sector, the country’s energy and minerals minister said...
NEW YORK – U.S. oil futures pared gains, before rising further Thursday after a closely watched government inventory report showed that crude stockpiles climbed for the...
ABUJA – The Weights and Measures Department (WMD) of the Federal Ministry of Industry, Trade and Investment has vowed to prosecute more companies in the oil...
ABUJA – Minister of Finance and Supervising Minister of the Economy, Mrs. Ngozi Okonjo-Iweala, yesterday, said Nigeria’s economy is under threat, following the continuous decline in...
WASHINGTON – Brent oil rose above 107 dollars a barrel on Wednesday as outlook reports indicated global oil demand will rise more quickly this year due...
