Oil prices fall 1% on potential further increase to OPEC+ output
Photo caption: Oil *OPEC in pursuit of market share, says Onyx analyst *A 411,000 bpd increase likely, RBC Capital analyst says *U.S. crude inventories
Category : Oil
Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy
Why Oil News?
Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.
Africa Energy Bank to create funding availability for indigenous coys – Ogbe
Photo caption: NCDMB Executive Secretary, Engr. Felix Ogbe The Nigerian Content Development and Monitoring Board (NCDMB) says the Africa Energy Bank (AEB) will create
NMDPRA, stakeholders sensitise tanker drivers to curb rising petroleum accidents on highways
NMDPRA, stakeholders sensitise tanker drivers to curb rising petroleum accidents on highways By Yunus Yusuf The Nigerian Midstream and Downstream Petroleum Regulatory Authority
FG urges oil firms to ramp up production to meet OPEC quota
FG urges oil firms to ramp up production to meet OPEC quota The Minister of State for Petroleum Resources, Gas Chief Ekperenkpo Ekpo on
