Oil & Gas

Collapsed oil prices crash Gulf stock markets

Share prices in energy-rich Gulf Arab states fell sharply at the start of the week…

Petrol scarcity: Long queues of vehicles resurface in Kano

Long queues of vehicles have resurfaced at filling stations in Kano metropolis, as scarcity of…

No end in sight for oil woes, prices sink below $60

Oil prices sank further in Asia Friday, with analysts warning of little respite from the…

Brent crude sells below Nigeria's benchmark

Oil prices got a little jack in Asia Thursday after falling sharply to fresh five-year…

Fuel queues: NNPC says no cause for panic

The Nigerian National Petroleum Corporation (NNPC) has attributed the queues in some filling stations in…

Sliding oil prices crash Global stocks

Global stock markets slumped on Tuesday following heavy losses across Asia and the Middle East…

Oil prices continue free fall

Crude oil prices struck fresh five-year lows in Asia Tuesday, with analysts forecasting further falls…

Australian energy firms hit by falling oil, commodity prices

Shares in Australian energy companies were hammered Tuesday by plunging oil and commodity prices, with…

ConocoPhillips cuts exploration spending

ConocoPhillips announced a sharp cutback in spending on exploration and spending Monday as global oil…

Oil prices down after unimpressive Chinese trade data

Crude oil hit fresh five-year-lows Monday following another weak batch of trade data out of…