‘Diverted Oil Cash’ Forfeited To Nigerian Govt
A court on Thursday ordered $153.3 million allegedly diverted by Nigeria's former oil minister Diezani Alison-Madueke from the state-run oil ...
Tag: Organization of Petroleum-Exporting Countries
Trump Rally Gives Way To Caution As Yellen Testimony Looms
Stocks flatlined and the dollar dipped on Tuesday as caution set in before testimony from Federal Reserve chief Janet Yellen ...
Former Boss of Nigerian Oil Firm In $10m Cash Probe
A former head of Nigeria's state-run oil firm is under investigation after almost $10 million in cash was found at ...
Fresh US Drilling Capping Oil Price
Renewed drilling by US oil producers is keeping a ceiling on a global crude price recovery, cutting into the impact ...
OPEC Delivering On Agreed Oil Output Cuts
The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut ...
Asian Shares At 1-1/2-Year High, Yen Sags After Trump-Abe Meet
Asian stocks rallied to 1-1/2-year highs on Monday, helped by renewed hopes over U. S. President Donald Trump's tax reform ...
Russia To Decide In April-May If Global Oil Deal Should Be Extended
File image, A view shows an oil derrick and other facilities at Vankorskoye oil field Russia will decided in April ...
Oil Overhang Points To Need For Extended OPEC Output Cuts
An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing ...
Trump Tax Cut Talk, Chinese Data Spur Risk Rally
European shares rose to within striking distance of their highest levels in more than a year on Friday while the ...
Oil Prices Fall On Bloated U.S. Fuel Inventories, Stalling China Demand
Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U. S. crude ...
Wall Street Opens Lower As Political Uncertainty Weighs
U. S. stocks opened lower on Monday as investors sought fresh catalysts after a strong jobs report last week, while ...
Oil Prices Rise As Investors Pour Fresh Cash Into Crude Futures
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose ...
MPC Rate Remains Unchanged Despite A Decline Forecast By Economist
The Monetary Policy Committee (MPC) of the Bank of Ghana maintained its prime rate despite a potential drop forecast by ...
Oil Edges Up On Threat of U.S. Issuing New Iran Sanctions
Oil prices edged up on Friday on news that U. S. President Donald Trump could be set to impose new ...
Oil Prices Fall After Sharp Rise In U.S. Stockpiles
Oil prices fell on Thursday after official data showed U. S. crude and gasoline stockpiles rose sharply, although signs that ...
Dollar Caught In Crossfire As Trump Talks Tough On Currencies
The dollar struggled to regain its poise on Wednesday after the Trump administration accused Germany, Japan and China of devaluing ...
Oil Edges Further Above $55 On Russia, OPEC Cuts
Oil edged further above $55 a barrel on Wednesday supported by signs that Russia and OPEC producers are delivering on ...
Global Shares, Dollar Retreat On Trump Travel Ban, Weak U.S. GDP
Asian share markets and U. S. stock futures fell on Monday after President Donald Trump introduced immigration curbs that sparked ...
Oil Shipments Show That OPEC Is Sticking To Its Cuts
Oil supplies from OPEC are plunging this month as the group implements production cuts aimed at erasing a global surplus, ...
World Bank Says Industrial Commodity Prices Will Swell Up In 2017
The World Bank has forecasted strong gains for industrial commodities like energy and metals in 2017; holding crude oil price ...