U.S. Oil Slips As Stockpiles Rise For Seventh Week
U. S. oil prices fell on Friday after government data released late on Thursday showed stockpiles rose last week for ...
Tag: Price of oil
COPEC Discredits Fuel Price Increase Report
The Chamber of Petroleum Consumers(COPEC) has discredited reports that fuel prices will go up this week. The Institute of Energy ...
Petrol, Diesel Prices To Go Up By 3 Percent Next Week
The Institute of Energy Security (IES) has predicted a percent increase in fuel prices next week. According to the Institute, ...
U.S. Shale Oil Braces For the Unfamiliar In 2017
U. S. shale producers are facing their first production cost increase in five years in 2017 as industry activity picks ...
Oil Prices Slip As High Stocks Overshadow OPEC Cuts
Oil slipped on Friday, pressured by growing global stocks, while expectations that an oil output cut by producers might eventually ...
Fuel Prices To Go Up By 3% – IES
The Institute for Energy Security (IES) has indicated fuel prices could go up by 3% if government does not take ...
Fuel Prices To Go Up By 3%
The Institute for Energy Security (IES) has indicated that if government does not take any action to address recent developments ...
Oil To End Year At US$57
All things being equal, fuel prices will not travel beyond 15 percent increase in 2017, some industry analysts anticipate. This ...
Oil Attacks In 2016 Cost Nigeria Up To $100bln
Militant attacks on key oil facilities last year reduced Nigeria's output by one million barrels per day, resulting in a ...
Fuel Price Surge Sends Inflation To Highest Since June 2014
British consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled ...
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 ...
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 ...
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 ...
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 ...
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 ...
Chamber of Petroleum Consumers Ghana
Prices of fuel must be cut by between 1 and 4% in the first pricing window for February, the Chamber ...
CPC Calls On BDCs To Reduce Fuel Prices
The Chamber of Petroleum Consumers is calling on the various Bulk Distribution Companies (BDCs) and Oil Marketing Companies (OMCS) to ...
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, ...