Oil prices mixed in sluggish trading

2015-05-26 07:13

Oil prices have been mixed in subdued Asian trade as dealers searched for fresh cues following public holidays in the US and much of Europe.

Nigeria fuel shortages hit telecoms, banking, aviation

2015-05-25 19:50

Chronic fuel shortages in Nigeria has brought phone firms, banks and flights to a standstill, just four days before Muhammadu Buhari's inauguration as president of the country.

Oil falls back on profit-taking

2015-05-22 13:59

Global oil prices have fallen, unwinding recent sharp gains that were fuelled by hopes that a global supply glut could end soon, say dealers.

Oil prices gain on US stockpiles report

2015-05-21 13:45

Global oil prices have risen further as falling US crude stockpiles and production boosted hopes of an easing in the global supply glut, analysts say.

Oil prices rebound from steep dive

2015-05-20 15:17

Oil prices have rebounded from recent steep losses in the previous session, as traders awaited the latest snapshot of US crude inventories.

Oil prices rebound from steep dive

2015-05-20 07:45

Oil prices have rebounded in Asia following steep losses in the previous session, but analysts say gains were capped by a strong dollar and persistent supply concerns.

Oil to rebound further this year: OPEC official

2015-05-18 16:33

Oil prices could continue to rebound in the second half of 2015 following signs of growth in demand and a drop in high-cost production, says an OPEC official.

Oil prices up on fresh Middle-East tension

2015-05-18 07:21

Oil prices have climbed in Asia as fresh tensions in Yemen and Iraq raised concerns about a supply disruption in the crude-rich Middle East, analysts say.

What's at stake: The debate over Arctic drilling

2015-05-15 15:54

A look at the debate over Arctic offshore drilling as Shell moves its rigs toward Seattle.

Huge Arctic oil rig arrives in Seattle amid protests

2015-05-15 10:55

A 122m-long Arctic oil drilling rig pulled by tugs has arrived in Seattle waters despite environmentalists' protests and the city's opposition to letting it dock there.


Deal reached to end crippling Nigeria fuel crisis

2015-05-25 19:58

An agreement has been reached to end a crippling fuel crisis in Nigeria that has left the country at a virtual standstill just days before a new government is installed.

Oil prices up in Asian trade

2015-05-25 07:09

Oil prices have risen on bargain-hunting in Asia after falling last week, but a supply glut and a resurgent dollar are likely to temper gains, say analysts.

Oil prices slip in Asian trade

2015-05-22 07:39

Oil prices fell in Asia, unwinding sharp gains in the previous session that was fuelled by hopes that a global supply glut could end soon.

Oil prices gain on upbeat US stockpiles data

2015-05-21 07:28

Oil prices have moved higher in Asia after a decline in US petroleum stockpiles and production boosted hopes of an easing in the global supply glut.

SacOil exits Nigeria JV on weaker oil prices

2015-05-20 11:15

SacOil Holdings has ended its joint venture with Nigeria's Nigdel United Oil Company and abandoned its oil licence as softer oil prices forced the firm to cut costs.

Oil prices mixed in Asian trade

2015-05-19 07:42

Oil prices have been mixed in Asia as a global glut and soft demand overshadowed the impact of geopolitical tensions in the crude-rich Middle East, analysts say.

OPEC unlikely to cut output: Iran official

2015-05-18 09:00

The Organisation of the Petroleum Exporting Countries is unlikely to implement a production cut at its next meeting in June, says a senior Iranian official.

Africa’s 'resource nationalism': Is it in the national interest?

2015-05-17 17:08

Like a game of Risk, our idea of national control tends to be fixated on owning resources within neatly defined borders, in today’s world, this doesn’t make sense

Oil prices fall on steadier dollar

2015-05-15 15:24

Oil prices have dropped as the dollar steadied and in reaction to supply and demand concerns, traders say.

US oil production 'important' : Obama

2015-05-15 10:15

President Barack Obama has called US oil production an 'important' source of energy as America transitions towards cleaner resources.

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.