UAE buys first U.S. oil cargo to replace Qatar condensate

26 July 2017, Singapore — The United Arab Emirates will import the country’s first oil cargo from the United States, two sources familiar with the matter said, as the OPEC producer … Continue Reading →

Oil bounce, results keep stocks on high

26 July 2017, London — Oil’s rise back above $50 a barrel helped prod stock markets higher on Wednesday and company results and economic data continued to soothe worries that the … Continue Reading →

Nigeria ranks 7th on OPEC’s oil demand for 2016

15 July 2017, Sweetcrude, Lagos — Nigeria has ranked 7th on the Organisation of Petroleum Exporting Countries, OPEC’s ‘Oil Demand’ list for 2016.

Russia’s Putin pledges to keep lid on gasoline prices: agencies

15 July 2017, Moscow — Russian President Vladimir Putin said on Friday that the government would not allow gasoline prices to grow “without reason”, according to local news agencies.