Latest News & Politics

Oil price jumps above $65

Brent crude oil price s jumped above $65 per barrel after the shutdown of the Forties North Sea pipeline knocked out significant supplies from a market that was already tightening due to OPEC-led production cuts. […]

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Latest News & Politics

Nigerian crude waits for buyers

Nigerian crude for August loading is proving slow to find buyers amid rising supply, Reuters quoting oil trading sources has reported. Reuters said the supply glut is a sign that an expected second-half rebalancing of […]