crude oil market

72 Nigerian unsold cargoes glut crude oil market

An overhang of unsold Nigerian cargoes for November loading continued to weigh on the market,…

Saudi Arabia, Russia tussle depresses oil prices further

*Worrisome: a physical excess of 60million barrels of Nigerian crude in the market A sales…

Russia to discuss oil market slump with OPEC

Russia and OPEC Secretary-General Abdullah al-Badri will discuss oil markets and the Iran situation in…

Nigeria needs a new oil market strategy: Alison-Madueke

Mrs Diezani Allison-Madueke, Nigeria's oil minister and conference President, Organisation of Petroleum Exporting Countries (OPEC),…

Why America does not need Nigerian oil anymore

*Country's shale oil production rattles crude oil market Propelled by surging shale output, the United…