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    Oil steadies on forecasts for tight supplies

    Oil prices were little changed on Friday and Brent was on track to end the week higher after a strong recovery from Monday’s steep...

    Factbox: Key provisions in Nigeria’s long-sought oil overhaul

    LAGOS, July 22 - Nigerian legislators sent a sweeping oil industry overhaul bill, in the works for 20 years, to President Muhammadu Buhari...

    Goldman Sachs sees ‘upside’ to oil price forecasts from OPEC+ supply deal

    July 18 (Reuters) - U.S. investment bank Goldman Sachs said the OPEC+ deal to boost oil supply supports its view on oil prices and...

    Bayelsa State Govt. seeks to reacquire OML 46 licence

    By Nathan Nwakamma Yenagoa, July 18, 2021 Indications have emerged that the Bayelsa Government has not given up on its Oil Mining Lease (OML 46)...

    Oando Management Remains: Reaches Settlement with SEC

    Oando PLC and the Securities and Exchange Commission (SEC) have finally reached a settlement following a four-year long dispute. The settlement is a win for...

    OPEC+ meets to agree oil supply boost as prices surge

    OPEC+ looking to ease cuts by 2 million barrels per day Unclear if new supply will be added in August or September Supply management likely to...

    Oil track for big weekly drop as supply concerns mount

    Oil prices fell Friday, extending losses from the previous two sessions, and were on track for their biggest weekly drop since March after expectations...

    OPEC+ plans new output policy meeting on Sunday, sources say

    OPEC+ ministers plan to hold their next meeting on Sunday to decide on output policy, three sources within the producers group told Reuters. Sunday's meeting...

    Chasing dwindling investment, Nigeria revamps oil sector law

    By Camillus Eboh and Libby George (Reuters) - Nigeria's parliament on Friday cleared a historic petroleum overhaul that seeks to attract waning investment to its...

    Oil Has Worst Week in Months; UAE’s OPEC Deal Could Open ‘Can of Worms’

    By Barani Krishnan Investing.com - Oil prices had their worst week in months even after crude prices edged higher Friday, as the market absorbed news...

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